Preferred Source definition

Preferred Source means providers selected in accordance with State Finance Law
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Preferred Source shall refer to National Industries for the Blind. (NIB) and/or New York State Industries for the Disabled (NYSID), and Correctional Industries (Corcraft). NIB and NYSID are both facilitating agencies under the Preferred Source Program.
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Preferred Source means the status afforded to certain contractors or vendors for purposes of Procurement under § 162 of the State Finance Law.
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Examples of Preferred Source in a sentence

  • An Authorized User must determine if a particular commodity or service is approved for a Preferred Source and follow the requirements of State Finance Law §162(3) or (4)(b), respectively, before engaging the Contractor.

  • An Authorized User must determine if a particular Product is approved for a Preferred Source and follow the requirements of State Finance Law § 162(3) or (4)(b), respectively, before engaging the Contractor.

  • State Finance Law §162 requires that governmental entities afford first priority to the products/services of Preferred Source suppliers such as Correctional Industries (Corcraft), New York State Preferred Source Program for People who are Blind, and NYS Industries for the Disabled (NYSID), when such products/services meet the form, function and utility of the Authorized User.

  • Section 162 of the State Finance Law requires that Authorized Users afford first priority to the Products of Preferred Source suppliers such as Corcraft (the marketplace name for the NYS Department of Corrections and Community Supervision, Division of Industries), New York State Preferred Source Program for People who are Blind (NYSPSP), and New York State Industries for the Disabled (NYSID), and others determined by law, when such Products meet the form, function and utility of the Authorized User.

  • NYS State Finance Law §162 requires that governmental entities afford first priority to the products/services of preferred source suppliers such as Correctional Industries (Corcraft), New York State Preferred Source Program for People who are Blind, and NYS Industries for the Disabled, when such products/services meet the form, function and utility of the Authorized User.

  • Before proceeding with a purchase, Authorized Users shall check the list of Preferred Source offerings and are reminded that they must comply with State Finance Law, particularly §162, regarding Products provided by Preferred Source suppliers.

  • Before proceeding with their purchase, Authorized Users shall check the list of Preferred Source offerings and are reminded that they must comply with State Finance Law §162 which requires that agencies afford first priority to the commodities/services of preferred source suppliers such as Correctional Industries (Corcraft), Industries for the Blind of NYS, and NYS Industries for the Disabled, when such commodities/services meet the form, function and utility of the Authorized User.

  • Before proceeding with their purchase, Authorized Users shall check the list of Preferred Source offerings and are reminded that they must comply with State Finance Law, particularly § 162, regarding commodities/services provided by Preferred Source suppliers.

  • Before proceeding with their purchase, Authorized Users shall check the list of Preferred Source offerings and are reminded that they must comply with State Finance Law, particularly § 162, regarding commodities/services provided by preferred source suppliers.

  • Section 162 of the State Finance Law requires that agencies afford first priority to the products and/or services of Preferred Source suppliers such as Correctional Industries (Corcraft), Industries for the Blind of NYS, and NYS Industries for the Disabled, when such products or services meet the Form, Function, and Utility of the agency.


More Definitions of Preferred Source

Preferred Source means and refer to a designation by OMES-IS that the Cooperative Contract pool shall be utilized for applicable procurements by executive state agencies in precedence behind state-wide mandatory contracts. The precedence shall be recommended to governmental affiliates as well. Both parties acknowledge that OMES-IS does not have the authority to require governmental affiliates to adhere to the precedence set forth by OMES-IS for executive state agencies. The State of Oklahoma shall bear no liability for the acts or omissions of a procuring entity that is not a state agency and privity of contract with respect to purchases and performance by such procuring entity shall exist solely between the respective vendor and such procuring entity.
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Preferred Source shall refer to the New York State Preferred Source Program for New Yorkers who are Blind (NYSPSP) formerly known as National Industries for the Blind. (NIB) and/or New York State Industries for the Disabled (NYSID), and Correctional Industries Program of the Department of Corrections and Community Supervision (Corcraft). NYSPSP and NYSID are facilitating agencies under the New York State Preferred Source Program as detailed in State Finance Law § 162.
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Related to Preferred Source

  • Preferred Supplier means a person named in Schedule F;

  • Preferred ’ means any of the above securities that are publicly traded on a recognized securities exchange and the securities have a rating of ‘‘A’’ or above. If the securities are not ‘‘Preferred,’’ they are listed as ‘‘Other.’’

  • Preferred Proponent(s) means the Proponent(s) selected by the Evaluation Team to enter into negotiations for a Contract;

  • Preferred Proponent means the Proponent that is invited into negotiations in accordance with the evaluation process set out in this RFP;

  • Preferred provider organization (PPO) means a health insurance issuer's or carrier's insurance policy that offers covered health care services provided by a network of providers who are contracted with the issuer or carrier (“in-network”) and providers who are not part of the provider network (“out-of-network”).