Procurement System Clause Samples
The Procurement System clause defines the procedures and requirements for acquiring goods or services within an organization or under a contract. It typically outlines the steps for requesting, approving, and purchasing items, and may specify the use of approved vendors, competitive bidding processes, or compliance with certain standards. By establishing clear procurement protocols, this clause ensures transparency, consistency, and accountability in purchasing activities, helping to prevent fraud, reduce costs, and maintain quality control.
Procurement System. The Contractor shall to the extent referred to under the contract co-operate and provide such reasonable assistance to the Employer so as to enable the Employer to comply with its contractual obligations to the NDA in respect of sub-contracting and procurement requirements.
Procurement System. (March 2015)
Procurement System i. The Subrecipient, assures it has or will establish a procurement system in compliance with FTA procurement requirements in FTA Circular 4220.1 third party contracting requirements as well as any other implementing requirements of Federal, State, or local government, including:
1. a five-year limitation on rolling stock;
2. requirement for full and open competition;
3. a prohibition against geographic preferences;
4. the use of ▇▇▇▇▇▇ Act procedures for procurement of architectural engineering services if the state has not adopted a statute governing procurement of such services; ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/advocacy/committees/▇▇▇▇▇▇.cfm
5. inclusion in its contracts all Federal clauses required by Federal laws, executive orders, or their implementing regulations, as required by FTA Circular 4220.1;
6. inclusion in its subcontracts and sub agreements all Federal clauses required by Federal laws, executive orders, or their implementing regulations, as required in FTA Circular 4220.1;
7. written protest procedures;
8. ethical standards of conduct;
9. use of appropriate procurement method. ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇.▇▇▇/documents/FTA_Circular_4220.1F.pdf
Procurement System i. The Subrecipient, assures it has or will establish a procurement system in compliance with FTA procurement requirements in FTA Circular 4220.1 third party contracting requirements as well as any other implementing requirements of Federal, State, or local government, including:
1. a five-year limitation on rolling stock;
2. requirement for full and open competition;
3. a prohibition against geographic preferences;
Procurement System. The Procuring Entity shall use the manual procurement system to manage this Tendering process: