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Procurement is the acquisition of goods and/or services at the best possible total cost of ownership, in the right quality and quantity, at the right time, in the right place and from the right source for the direct benefit or use of corporations, individuals, or even governments, generally via a contract, or it can be the same way selection for human resource. Simple procurement may involve nothing more than repeat purchasing. Complex procurement could involve finding long term partners or suppliers that might fundamentally commit one organization to another. [Wikipedia]

Share your experience with procurements.

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#1 Posted : Wednesday, July 12, 2017 8:28:30 AM(UTC)

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Would anyone happen to know if training or conference fees need to be competed and involved with contracting?

If no competition is required, does anyone have a reference (to the FAR/or directive) to justify why.

I have an example of 50 individuals wanting to attend a conference hosted by a commercial vendor and it will be approximately $10,000 (over micro-purchase threshold). I need to figure out if we can pay with a card/manual payment without contracting to be involved.
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