Cooperative pricing system definition
Cooperative pricing system means a purchasing system in
Cooperative pricing system means a purchasing system in which a local contracting unit advertises for bids and awards a master contract to a successful vendor for its own quantities and the estimated quantities submitted by the individual registered members.
Cooperative pricing system means a purchasing system in which one public institution of higher education acts as the lead agency in establishing a master contract with a vendor for the provision of goods or services and through which other public institutions of higher education may subsequently procure goods or services using the master contract.
More Definitions of Cooperative pricing system
Cooperative pricing system means a purchasing system in which a local contracting unit advertises for bids and awards a master contract to a successful vendor for its own quantities