standing offer contract definition

standing offer contract means a contract for the supply of goods or services where the supplier has agreed to supply specified goods or services to Government for a specified period and at a pre- determined price ;
standing offer contract means a contract that is in accordance with regulation 12H;
standing offer contract means a contract for the supply of goods or services where the supplier has agreed to supply specified goods or services to one or more procuring agencies as specified in the relevant standing offer contract for a specified period and at a predetermined price, rate or discount;