STANDING PURCHASE ORDER definition
STANDING PURCHASE ORDER means a Contract between the City of Sault Ste. Marie and a supplier for the supply of frequently ordered Goods or Services at specified unit prices where possible, maximum dollar limits, or discounts; but not specified quantities;
STANDING PURCHASE ORDER means a procurement, approved by the Finance Department and the Director of the issuing Department, which establishes prices or methods for determining prices, terms and conditions and the period of time during which a Vendor agrees to provide specified Goods or Services to the City upon demand. Standing Purchase Orders may only be issued for a period not exceeding two (2) years except where Council has approved a longer term.
STANDING PURCHASE ORDER means a Purchase Order which establishes prices or a method for determining prices, terms and conditions and the period during which a vendor agrees to provide goods or services to the purchaser upon the purchaser’s demand.
More Definitions of STANDING PURCHASE ORDER
STANDING PURCHASE ORDER means a Purchase Order, which establishes prices or a method for determining prices, terms and conditions, and the period of time during which a vendor agrees to provide goods or services to the purchaser upon the purchaser’s demand. This may be for a period not exceeding two (2) years.