What is it?
A Standing Offer is similar to Vendors of Record, except there is no Contract in place. Vendors are offering goods or services at a set price with established terms and conditions, however the Contract (typically in the form of a purchase order) is completed when someone is ready to make a purchase.
Why is it important?
When a good or service is commonly or regularly procured by the university, Procurement Services has established various opportunities to support staff and faculty in accessing the most beneficial purchasing option. Benefits of purchasing from these vendors may include a faster procurement process and the most advantageous combination of: quality and range of products; level of customer service; delivery terms; and potential cost savings.
Where do I find more information?
For more information, visit Procurement Services’ Approved Vendors and Standing Offers site, or email ProcurementServices@carleton.ca.