Procurement Exercise definition

Procurement Exercise means any process by which goods, services and/or works are to be procured including but not limited to Request for Quotations and Formal Tender Processes. For the purpose of these Regulations a Contract for a Concession shall be treated as a Procurement Exercise.
Procurement Exercise means any procurement process which is subject to these Standing Orders.
Procurement Exercise means the procurement process undertaken by the Joint Committee in accordance with the Business Plan and the terms of the Constitution;

Examples of Procurement Exercise in a sentence

  • If the decision is made not to subdivide the Contract into lots then the reason for this decision must be formally documented.c. The Procurer must ensure that the Procurement Team is involved from the outset of the Procurement Exercise for equipment with an Estimated Value of £10,000 or more, where funded by a Funding Agency.2.3. Selection and Award Evaluation Criteriaa.

  • The Procurer must contact, take advice and, where necessary, gain approval from a College Chief Financial Officer before commencing the Procurement Exercise, where relevant to the Contract.

  • Where there is any doubt as to the Estimated Value then the procedure for the higher threshold in Section 2.2 must be used.2.2. Procurement Exercise Processa.

  • The Procurement Team must be contacted if any conflicts of interest arise during a Procurement Exercise 1.6. Exceptions a.

  • The Procurer must consider what Risks the Contract presents ahead of any Procurement Exercise, taking proportionate account of any Risks identified during the subsequent Procurement Exercise and within the resultant Contract.


More Definitions of Procurement Exercise

Procurement Exercise means any process by which goods, services and/or works are to be procured including but not limited to Request for Quotations and Formal Tender Processes. For the purpose of these Rules a contract for a Concession, a contract via a Framework Agreement/Dynamic Purchasing system shall be treated as a Procurement Exercise.
Procurement Exercise means a procurement process that may involve a Pre-Qualification Questionnaire (PQQ), a Request for Information (RFI), an Invitation to Tender (ITT), an Invitation to Negotiate (ITN), an Invitation to Participate in Dialogue (ITPD), an Invitation to Submit Final Offer (ITSFO), Invitation to Submit Final Tender (ITSFT), a Best And Final Offer (BAFO), a Request for Proposal (RFP), a Request for Quotation (RFQ); an electronic Auction or an electronic Contract. This list of individual artefacts used in procurement exercise processes is indicative only and is a non- exhaustive representation of commonly used terminology. Buyer Organisations may have their own, unique terminology to be applied on a case by case basis
Procurement Exercise means a procurement process carried out in accordance with one of the following procedures, as provided for under the EU Procurement Directive and the Public Contracts (Scotland) Regulations:
Procurement Exercise means any process by which goods, services and/or works are to be procured including but not limited to Request for Quotations and Formal Tender
Procurement Exercise means those public procurement processes to be carried out in order to procure a range of services, works or goods undertaken by the Councils under the Shared Parking Services Arrangements;
Procurement Exercise as described on Appendix A, A1 and encompasses any formal and