Common use of PROCUREMENT BY SMALL PURCHASE PROCEDURES Clause in Contracts

PROCUREMENT BY SMALL PURCHASE PROCEDURES. Small purchase procedures are those relatively simple and informal methods for securing services, Supplies, or other property that do not cost more than $100,000. If small purchase procedures are used, price or rate quotations shall be obtained from an adequate number of qualified sources.

Appears in 4 contracts

Sources: Agreement Concerning Procedures for the Implementation of United States Economic Assistance, Agreement Concerning Procedures for the Implementation of United States Economic Assistance, Agreement Concerning Procedures for the Implementation of United States Economic Assistance