| NMU
Contracts The University has requirements for items of the same general class (such as office supplies, plumbing supplies, electrical supplies) for which future usage cannot be accurately estimated. In addition, there are usually dozens or even hundreds of low unit value items within a class which are required repeatedly from local sources. To avoid writing hundreds of low dollar value purchase orders over a year, we may elect to bid or negotiate an NMU Contract which covers all of one or more classes of items and assures us the best prices, discounts, etc. Acquisition can be made using the purchase order or purchasing card method. The contract should be referred to in either case. |
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