The Procurement Cycyle
Requisition Types
Alternative Procurement Methods
100
Sealed bid; made to lowest, responsive, responsible bidder
What is an Invitation for Bid (IFB)?
100

such a nature that the public welfare would be adversely affected by awaiting the approval of the Board of Estimates

What is Emergency Procurement 

100

Award made without competition to only contractor who can supply goods and services

What is sole source award?

200

The 1st step of the purchasing lifecycle

What is Identification of the need?

200

when an agency orders items from a connected supplier website

What is a Punch out

200
Purchasing off contract of another grantee who has inadvertently acquired contract rights in excess of its needs
What is piggybacking?
300

Product or Service Description, Technical Requirements, Quality Standards, Quantities and Units, and Packaging and Delivery Requirements.

What are Purchasing specifications 

300

 “draws down” the balance of the contract once a PO is issued.

What is a A Contract Draw ?

300
Awards that expand scope of original contract made without competition to existing contractors
What are change orders?
400

Award made without competition to only contractor who can supply goods and services

What is a Sole Source procurement 

400

A requisition for goods or services with recurring payments over time.

What is a A Blanket?

400
Award made to contractor who charges single rate, including overhead and profit for labor, and bills materials at cost
What are time and materials contracts?
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