An internal purchase order used to facilitate frequent, usually low dollar, purchases without a requisition. These purchase orders are never given to suppliers. Also known as convenience order or X number. A panel used in the on-line procurement system when a purchase is charged to multiple funds or budget years. A professional purchasing organization.
Membership is limited to higher educational buyers.
The ARMS procurement computer software used to create requisitions and purchase orders. A lease with an option to purchase at the end of term. Open market bid An RFQ or RFP to which qualified bidders can respond. OSU Contract A competitively bid master contract for goods or services used by one or more University departments. Password A security feature for individuals who access the on-line procurement system.