Procurement Policies and Procedures Sample Clauses

The "Procurement Policies and Procedures" clause defines the rules and guidelines that govern how goods and services are acquired by an organization. It typically outlines the steps for vendor selection, bidding processes, approval hierarchies, and compliance requirements to ensure fair and transparent procurement. By establishing clear procedures, this clause helps prevent conflicts of interest, promotes accountability, and ensures that purchasing decisions are made efficiently and in accordance with organizational standards.
Procurement Policies and Procedures. The recipient must maintain and conduct all of its procurements according to written policies and procedures for the award and administration of contracts, and ensure that the price is fair and reasonable for all procurements. The recipient may designate a reasonable micro-purchase threshold (e.g., $2,500) under which more simplified acquisition procedures may apply. The recipient’s procurement procedures must provide, at a minimum:
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Procurement Policies and Procedures. CONTRACTOR shall comply with the applicable regulations and cost principles outlined in this Agreement, or with its own procurement procedures, whichever is more restrictive. In compliance with Executive Orders 12876, 12900, 12928 and 13021, CONTRACTOR is strongly encouraged to provide subcontracting opportunities for Historically Black Colleges and Universities, Hispanic Serving Institutions, Tribal Colleges and Universities; and small businesses, minority-owned firms, and women’s business enterprises.
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Procurement Policies and Procedures. The Consultant must maintain and conduct all of its procurements according to written policies and procedures for the award and administration of contracts, and ensure that the price is fair and reasonable for all procurements. The Consultant may designate a reasonable micro-purchase threshold (e.g., $2,500) under which more simplified acquisition procedures may apply. The Consultant’s procurement procedures must provide, at a minimum: Procurements above the Consultant’s micro-purchase threshold must be conducted in a manner to provide fair and unbiased competition, including the following: All responsible sources are permitted to compete in an equal manner. Purchase requests must clearly establish all requirements that the bidder or offeror must fulfill in order to be evaluated by the Consultant. Contracts must be made to the offeror whose offer is responsive to the purchase request and has the most advantageous price, quality, and other factors. The Consultant is encouraged to use U.S. small businesses whenever practicable. Where appropriate, the Consultant must determine the most economical and practical means by which to accomplish program objectives, including the necessity of the commodities or services, lease or purchase options, and reasonableness of costs. The Consultant must maintain a system for contract administration to ensure that goods and services are provided in accordance with the terms, conditions, and specifications of the contract, including full and timely delivery and performance. Conflicts of Interest. The Consultant must avoid conflicts of interest, including bias and unfair competitive advantage. The Consultant’s standards of conduct must provide for disciplinary actions for violations of such standards by officers, employees, or agents of the Consultant.
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Procurement Policies and Procedures. The Subrecipient must maintain and conduct all of its procurements according to written policies and procedures for the award and administration of contracts, and ensure that the price is fair and reasonable for all procurements. The Subrecipient may designate a reasonable micro-purchase threshold (e.g., $2,500) under which more simplified acquisition procedures may apply. The Subrecipient’s procurement procedures must provide, at a minimum: (1) Procurements above the Subrecipient’s micro-purchase threshold must be conducted in a manner to provide fair and unbiased competition, including the following: (i) All responsible sources are permitted to compete in an equal manner. (ii) Purchase requests must clearly establish all requirements that the bidder or offeror must fulfill in order to be evaluated by the Subrecipient. (iii) Contracts must be made to the offeror whose offer is responsive to the purchase request and has the most advantageous price, quality, and other factors. (iv) The Subrecipient is encouraged to use U.S. small businesses whenever practicable. (2) Where appropriate, the Subrecipient must determine the most economical and practical means by which to accomplish program objectives, including the necessity of the commodities or services, lease or purchase options, and reasonableness of costs. (3) The Subrecipient must maintain a system for contract administration to ensure that goods and services are provided in accordance with the terms, conditions, and specifications of the contract, including full and timely delivery and performance.
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Procurement Policies and Procedures. Purpose of these procurement guidelines. These guidelines are designed to support subrecipient compliance with Title 2 Code of Federal Regulations (CFR) 200.318 to 326 (Procurement Standards) with two focus areas:
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Procurement Policies and Procedures for the procurement of tools, materials, and services, including the hiring of Contractors to provide any portion of the Services for which SCRRA is responsible under this Agreement, and which shall comply with all applicable rules, regulations, or orders of the FRA;
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Procurement Policies and Procedures. The recipient must maintain and conduct all of its procurements according to written policies and procedures for the award and administration of contracts, and ensure that the price is fair and reasonable for all procurements. The recipient may designate a reasonable micro-purchase threshold (e.g., $2,500) under which more simplified acquisition procedures may apply. The recipient’s procurement procedures must provide, at a minimum: (1) Procurements above the recipient’s micro-purchase threshold must be conducted in a manner to provide fair and unbiased competition, including the following: (i) All responsible sources are permitted to compete in an equal manner. (ii) Purchase requests must clearly establish all requirements that the bidder or offeror must fulfill in order to be evaluated by the recipient. (iii) Contracts must be made to the offeror whose offer is responsive to the purchase request and has the most advantageous price, quality, and other factors. (iv) The recipient is encouraged to use U.S. small businesses whenever practicable. (2) Where appropriate, the recipient must determine the most economical and practical means by which to accomplish program objectives, including the necessity of the commodities or services, lease or purchase options, and reasonableness of costs.
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Procurement Policies and Procedures. CONTRACTOR shall comply with the applicable regulations and cost principles outlined in this Master Agreement and each contract referencing this Master Agreement, or with its own procurement procedures, whichever is more restrictive. The Uniform Administrative Requirements (2 CFR 200.317-36) require all recipient procurement transactions to be conducted in a manner to provide, to the maximum extent practical, open and free completion. In compliance with Executive Orders 12876, 12900, 12928 and 13021, CONTRACTOR is strongly encouraged to provide subcontracting opportunities for Historically Black Colleges and Universities, Hispanic Serving Institutions, Tribal Colleges and Universities; and small businesses, minority-owned firms, and women’s business enterprises.
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Related to Procurement Policies and Procedures

  • Policies and Procedures i) The policies and procedures of the designated employer apply to the employee while working at both sites. ii) Only the designated employer shall have exclusive authority over the employee in regard to discipline, reporting to the College of Nurses of Ontario and/or investigations of family/resident complaints. iii) The designated employer will ensure that the employee is covered by WSIB at all times, regardless of worksite, while in the employ of either home. iv) The designated employer will ensure that the employee is covered by liability insurance at all times, regardless of worksite, while in the employ of either home. v) The designated employer shall have exclusive authority over the employee’s personnel files and health records. These files will be maintained on the site of the designated employer.

  • Compliance Policies and Procedures To assist the Fund in complying with Rule 38a-1 of the 1940 Act, BBH&Co. represents that it has adopted written policies and procedures reasonably designed to prevent violation of the federal securities laws in fulfilling its obligations under the Agreement and that it has in place a compliance program to monitor its compliance with those policies and procedures. BBH&Co will upon request provide the Fund with information about our compliance program as mutually agreed.

  • COMPLIANCE WITH POLICIES AND PROCEDURES During the period that Executive is employed with the Company hereunder, Executive shall adhere to the policies and standards of professionalism set forth in the Company’s Policies and Procedures as they may exist from time to time.

  • Violence Policies and Procedures The Employer agrees to have in place explicit policies and procedures to deal with violence. The policy will address the prevention of violence, the management of violent situations, provision of legal counsel and support to employees who have faced violence. The policies and procedures shall be part of the employee's health and safety policy and written copies shall be provided to each employee. Prior to implementing any changes to these policies, the employer agrees to consult with the Association.

  • Company Policies and Procedures 7.1.1 The Company will ensure that Employees are able to readily access Company policies and procedures that apply to the Employees. 7.1.2 The Employees will observe and act in accordance with Company policies and procedures that apply to the Employees, as implemented and amended from time to time.