Procurement System Clause Samples

The Procurement System clause defines the procedures and requirements for acquiring goods or services within an organization or under a contract. It typically outlines the steps for requesting, approving, and purchasing items, and may specify the use of approved vendors, competitive bidding processes, or compliance with certain standards. By establishing clear procurement protocols, this clause ensures transparency, consistency, and accountability in purchasing activities, helping to prevent fraud, reduce costs, and maintain quality control.
Procurement System. The Contractor shall to the extent referred to under the contract co-operate and provide such reasonable assistance to the Employer so as to enable the Employer to comply with its contractual obligations to the NDA in respect of sub-contracting and procurement requirements.
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Procurement System. (March 2015)
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Procurement System i. The Subrecipient, assures it has or will establish a procurement system in compliance with FTA procurement requirements in FTA Circular 4220.1 third party contracting requirements as well as any other implementing requirements of Federal, State, or local government, including: 1. a five-year limitation on rolling stock; 2. requirement for full and open competition; 3. a prohibition against geographic preferences; 4. the use of ▇▇▇▇▇▇ Act procedures for procurement of architectural engineering services if the state has not adopted a statute governing procurement of such services; ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/advocacy/committees/▇▇▇▇▇▇.cfm 5. inclusion in its contracts all Federal clauses required by Federal laws, executive orders, or their implementing regulations, as required by FTA Circular 4220.1; 6. inclusion in its subcontracts and sub agreements all Federal clauses required by Federal laws, executive orders, or their implementing regulations, as required in FTA Circular 4220.1; 7. written protest procedures; 8. ethical standards of conduct; 9. use of appropriate procurement method. ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇.▇▇▇/documents/FTA_Circular_4220.1F.pdf
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Procurement System i. The Subrecipient, assures it has or will establish a procurement system in compliance with FTA procurement requirements in FTA Circular 4220.1 third party contracting requirements as well as any other implementing requirements of Federal, State, or local government, including: 1. a five-year limitation on rolling stock; 2. requirement for full and open competition; 3. a prohibition against geographic preferences;
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Procurement System. The Procuring Entity shall use the manual procurement system to manage this Tendering process:
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Related to Procurement System

  • Quality Management System Supplier hereby undertakes, warrants and confirms, and will ensue same for its subcontractors, to remain certified in accordance with ISO 9001 standard or equivalent. At any time during the term of this Agreement, the Supplier shall, if so instructed by ISR, provide evidence of such certifications. In any event, Supplier must notify ISR, in writing, in the event said certification is suspended and/or canceled and/or not continued.

  • Management System After Buyer approval the Security Management Plan and Information Security Management System will apply during the Term of this Call-Off Contract. Both plans will comply with the Buyer’s security policy and protect all aspects and processes associated with the delivery of the Services.

  • STATEWIDE CONTRACT MANAGEMENT SYSTEM If the maximum amount payable to Contractor under this Contract is $100,000 or greater, either on the Effective Date or at any time thereafter, this section shall apply. Contractor agrees to be governed by and comply with the provisions of §§▇▇-▇▇▇-▇▇▇, ▇▇-▇▇▇-▇▇▇, ▇▇-▇▇▇-▇▇▇, and ▇▇- ▇▇▇-▇▇▇, C.R.S. regarding the monitoring of vendor performance and the reporting of contract information in the State’s contract management system (“Contract Management System” or “CMS”). Contractor’s performance shall be subject to evaluation and review in accordance with the terms and conditions of this Contract, Colorado statutes governing CMS, and State Fiscal Rules and State Controller policies.

  • Procurement of Goods and Services (a) If the HSP is subject to the procurement provisions of the BPSAA, the HSP will abide by all directives and guidelines issued by the Management Board of Cabinet that are applicable to the HSP pursuant to the BPSAA. (b) If the HSP is not subject to the procurement provisions of the BPSAA, the HSP will have a procurement policy in place that requires the acquisition of supplies, equipment or services valued at over $25,000 through a competitive process that ensures the best value for funds expended. If the HSP acquires supplies, equipment or services with the Funding it will do so through a process that is consistent with this policy.

  • PROCUREMENT CARD The State has entered into an agreement for purchasing card services. The Purchasing Card enables Authorized Users to make authorized purchases directly from a Contractor without processing Purchase Orders or Purchase Authorizations. Purchasing Cards are issued to selected employees authorized to purchase for the Authorized User and having direct contact with Contractors. Cardholders can make purchases directly from any Contractor that accepts the Purchasing Card. The Contractor shall not process a transaction for payment through the credit card clearinghouse until the purchased Products have been shipped or services performed. Unless the cardholder requests correction or replacement of a defective or faulty Product in accordance with other Contract requirements, the Contractor shall immediately credit a cardholder’s account for Products returned as defective or faulty.