DOCUMENT

POL - Advance Payment

  • TYPE OF DOCUMENT: POL - Policies/Procedures
The document is an interoffice memorandum regarding an advance payment form. The memorandum is addressed to Glenn R. Cummings, the Director of the Purchasing Division, and is from a Purchasing Agent in the same division. The memorandum is also directed to Walter A. Pryor, the Assistant Director, and John Kunzman, the Chief of Operations in the Purchasing Division. The memorandum states that the attached requisition(s) meet the criteria set forth in the Procurement Code, Section 3.15, which allows for advance payment. The document includes a schedule for advance payments based on the contract amounts. For contracts with amounts ranging from $0 to $1,000, a total advance payment can be made for up to 1 year. For contracts with amounts ranging from $1,001 to $2,000, semi-annual payments are allowed. Contracts with amounts ranging from $2,001 to $4,000 can have quarterly payments, and contracts with amounts over $4,001 can have monthly payments. The memorandum is then followed by a response from Glenn R. Cummings, the Director of the Purchasing Division, approving the cited requisition(s) for advance payment in accordance with the schedule mentioned in Section 3.15 of the Procurement Code.
MEMBERS ONLY DOWNLOAD
Advertisement

Similar Documents

Document
Evaluation Committee Rules of Conduct
Year Created: 2025
Document
RFQ - ADA Self-Evaluation and Transition Plan
Year Created: 2023
Document
Establishing an Effective Supplier Diversity Program
Year Created: 2022