running contract definition

running contract means a contract extending over a period of time for an estimated or variable quantity of goods, services or works obtained through request for submission of unit rates which are applied over an extended period of time and which offer the procuring entity to engage such tenderers without further competitive tendering;
running contract means a contract extending over a period of time for an estimated or variable quantity of goods and services;
running contract means a contract extending over a period of time for an estimated or variable quantity of services obtained through

More Definitions of running contract

running contract means a contract which extends over a specified period of time for an estimated or variable quantity of supplies, or for a specified service.
running contract means a contract extending over a period of time for an