Small Purchase definition
Small Purchase means the procurement of investment-related services for flat- fee compensation that does not exceed fifty-thousand dollars ($50,000.00). For purposes of this Policy, a small purchase procurement includes professional services or investment-related services or tangible property ancillary to investment services, but does not include performance-fee compensation contracts for investment management services.
Small Purchase means the purchase of Goods and Services not covered by a Term Contract where
Small Purchase means the purchase of Goods and Services not covered by a Term Contract where the expenditure of Public Funds including Extensions and Renewals is equal to or less than the Small Purchase Benchmark amount, pursuant to 01 NCAC 05B .0301.
Examples of Small Purchase in a sentence
The Small Purchase selection process is a non-competitive selection process governed by 23 CFR 172.7(a)(2) and ORC 153.71(A).
Exhibit B is a sample DAS PS approved purchase order form; or ii) an electronic ordering method when the Authorized Purchaser is using a Small Purchase Order Transaction System (SPOTS) card.
More Definitions of Small Purchase
Small Purchase means the purchase of Goods and Services not covered by a Term Contract where the expenditure of Public Funds is less than a Small Purchase Benchmark amount.
Small Purchase means a procurement conducted by the Division that does not require the use of a standard procurement process.
Small Purchase means a purchase under Rule R105-1-6.
Small Purchase means purchases over $10,000 but not more than $250,000 per 2CFR, Part 200.
Small Purchase means a procurement conducted by a procurement unit that does not require the use of a standard procurement process.
Small Purchase means the procurement of supplies or services for which the total cost is less than $5,000.
Small Purchase means a purchase of goods and services equal to or less than $2,500 per year. Contracts may not be split in amount or duration in order to evade the intent of the Act or these Policies And Procedures.