Dynamic Purchasing System definition

Dynamic Purchasing System means a completely electronic process for making commonly used purchases of items generally available on the market;

Dynamic Purchasing System or “DPS" means the arrangements established by the Authority for the provision of the Goods to Contracting Authorities by suppliers (including the Supplier) pursuant to the OJEU Notice;

Dynamic Purchasing System means a completely electronic process, which has a limited duration, for making commonly used purchases, as more particularly defined and described in the Public Contract Regulations 2015.

Examples of Dynamic Purchasing System in a sentence

• A Dynamic Purchasing System (DPS) is an entirely electronic system where suppliers are able to express an interest and be evaluated against a defined set of suitability criteria in order to gain access to the DPS.

• In the case of Framework Agreements or Dynamic Purchasing Systems, the contract value must be calculated to include the total estimated value, net of VAT, of all the contracts envisaged to be awarded for the total term of the Framework Agreement or the Dynamic Purchasing System.

• The Council’s Corporate Procurement Officer must always be consulted before any action is taken to establish a Dynamic Purchasing System.

• In the case of Framework Agreements or Dynamic Purchasing Systems the contract value must be calculated to include the total estimated value, net of VAT, of all the contracts envisaged to be awarded for the total term of the Framework Agreement or the Dynamic Purchasing System.

• The above Thresholds also apply where a Contract is sourced via a Framework or Dynamic Purchasing System, but there are key differences relating to the minimum number of quotes/tenders that must be sought.

More Definitions of Dynamic Purchasing System

Dynamic Purchasing System means a completely electronic process for making commonly used purchases;

Dynamic Purchasing System means a completely electronic process for making commonly used purchases, the characteristics of which, as generally available on the market, meet the requirements of the contracting authority, which is limited in duration and open throughout its validity to any economic operator which satisfies the selection criteria and has submitted an indicative tender that complies with the specification.

Dynamic Purchasing System means the system referred to in regulation 34;

Dynamic Purchasing System or “DPS” means the dynamic purchasing system operated via the Application;

Dynamic Purchasing System means a completely electronic system of limited duration which is—

Dynamic Purchasing System means an electronic purchasing system for Contracts for works, services and goods commonly available in the market as described in Regulation 34.

Dynamic Purchasing System means such a system as defined in the European Procurement Regulations;