Forums  

Go Back   Forums > ISM Discussion Area > Services Purchasing Discussions

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 11-20-2011, 06:02 PM
000000255661
Guest
 
Posts: n/a
Default Contracting Guidelines - When is A PO alone sufficient, when is contract required?

Hello;
Procurement is currently working with our Legal team to develop a 'Contracting Playbook'; one of the areas to be covered is addressing the question we often hear, especially within the Services commodity areas, 'When do I Need A Contract'? Procurement Policy dictates that a PO is required for any goods and/or service purchase, but we have never been able to define when solely a PO will suffice and when a contract is additionally required - we understand it is not something that can be a 'hard and fast' rule, and cannot be determined by category or spend level alone; risk is a large factor to be considered. We are trying to put together general guidance.
Has anyone developed any type of guidelines addressing contracting for the Indirects spend areas?

I greatly appreciate any assistance/recommendations. Thanks very much in advance for your input!

Michelle
Reply With Quote
 

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT. The time now is 07:20 PM.


Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.