Procurement and contracting definition
Examples of Procurement and contracting in a sentence
Ask any business leader what is the greatest challenge in these times, and the most likely answer will be “to manage costs.” Procurement and contracting are key areas in which grantees can control costs.
Procurement and contracting rules of the Authority may include authorizations and procedures to procure and engage in alternate or supplemental public works contracts such as design-build, progressive design-build, and construction manager-general contractor contracts, and to engage in public- private partnerships.
Procurement and contracting (also known as purchasing) are the mechanisms for purchasing a specific area of service from one or more providers and ensures that the needs and outcomes are being delivered.
First Party and Second Party shall endeavor to satisfactorily resolve the matter and should it not be disposed of to Second Party's satisfaction, Second Party shall forthwith deliver a written notice of claim with all supporting documentation in triplicate to First Party at the following address: Procurement and contracting dep.
Procurement and contracting may not be divided, in order to avoid the procedure established by Corfo.
Procurement and contracting activities shall be conducted in a manner that (i) promotes transparency, openness, fairness, and value for money; and (ii) for those procurements subject to a Trade Agreement, complies with the applicable procurement obligations therein.
Procurement and contracting rules of the Commission may include authorizations and procedures to procure and engage in alternate or supplemental public works contracts such as design- build, progressive design-build, and construction manager-general contractor contracts, and to engage in public-private partnerships.
Procurement and contracting procedures consistent with Schedule 2 to this Agreement, to be applicable to the contracts for the works, goods and services required for the Project and to be financed out of the proceeds of the Financing.
Procurement and contracting services are necessary to expend public funds and deliver these services.
Procurement and contracting activities will follow a “value for money” approach that strives to obtain the maximum benefit based on available resources.