Advance Purchase Order definition

Advance Purchase Order means a Purchase Order estimating the Authority’s requirement for the goods or services for the current financial year.
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Advance Purchase Order means the intention of Purchaser to place the Purchase Order on the successful bidder.
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Examples of Advance Purchase Order in a sentence

  • And whereas the VENDOR has agreed to supply the Equipment purchased by the Lessor vide Advance Purchase Order No. ………….

  • The issue of an Advance Purchase Order shall constitute the intention of the Purchaser to enter into contract with the bidder.

  • The Advance Purchase Order and subsequent Purchase Orders to the eligible bidders will be issued in a Phased Manner as per the requirement of BSNL.

  • The supplier shall furnish performance security to the purchaser for an amount equal to 3% of the contractual value mentioned in Advance Purchase Order within 14 days from the date of issue of Advance Purchase Order by the purchaser.

  • Should these suppliers fail to produce the required components in a timely manner, than IDSI shall be excused from the delivery obligations under this Advance Purchase Order until such time as the components can be manufactured, delivered and installed in the EQUIPMENT.