DOCUMENT

POL - OA4 Policy & Procedures Manual Example 2002

  • YEAR CREATED: 2002
  • ENTITY TYPE: K-12
  • TYPE OF DOCUMENT: POL - Policies/Procedures
The document is a regulation from the Purchasing Department of the Pulaski County Special School District (PCSSD) regarding the use of term contracts for purchasing goods and services. The purpose of term contracts is to establish agreements between PCSSD and contractors to provide specified goods and/or services at set prices for a specified time period, usually one year. The regulation states that goods and services that are purchased repeatedly throughout the fiscal year should be purchased through term contracts to take advantage of volume pricing and reduce administrative costs. The Purchasing Director is authorized to consolidate the requirements of PCSSD departments and determine when term contracts are in the best interest of PCSSD. Bids for term contracts will be taken according to PCSSD bidding regulations. The contract may allow for price increases by the contractor if there are fluctuations in market conditions, but the contractor must also guarantee to pass on price reductions. Term contracts can be renewed for up to five years if it is in the best interest of PCSSD. Purchases against term contracts can be made through departmental or district-wide blanket orders for supplies, while equipment purchases require the submission of purchase requisitions to the Purchasing Department.
MEMBERS ONLY DOWNLOAD
Advertisement

Similar Documents

Document
Establishing an Effective Supplier Diversity Program
Year Created: 2022
Document
ACCRED - Award - NIGP Innovation Award 2009
Year Created: 2009
Document
ACCRED - OA4 P-Card Policy Example 2000
Year Created: 2000