BNET Business Dictionary

Business Definition for: Purchasing By Contract

Additional Resources

U.S. Bank Wins U.S. Department of Transportation Purchasing Card Contract
WASHINGTON -- U.S. Bank Corporate Payment Systems will provide purchasing card services to the U.S. Department of Transportation DOT. This is the second major federal government contract won by U.S. Bank in less than a year. In 2003, U.S. Bank was selected by the Department of Homeland Security DHS to...
Tags: U.S. Department of Transportation
Research articles 2004-06-29
Medline Industries Inc - distribution/purchasing contract with Wausau Hospital
Medline Industries Inc., Mundelein, Ill., reached agreement on a five-year distribution/purchasing partnership contract with Wausau Hospital, Wausau, Wis., that carries an estimated value of approximately $15 million over its term. The pact calls for guaranteed savings for the hospital of about $2.5 million. Additional savings will be shared by Medline...
Tags: Medline Industries Inc.
Research articles 1996-09-01
Carl's, La Salsa add purchasing management tool
CARPINTERIA, CALIF. -- The Carl's Jr. sandwich and La Salsa Fresh Mexican Grill chains will use Instill Corp.'s Food Spend Management technology to improve purchasing by identifying vendor contract price variances, purchases eligible for rebates and opportunities for SKU rationalization, among other things, Instill said. Carl's Jr., with more...
Tags: La Salsa Inc.
Research articles 2006-05-08
Driving down costs with a national contract. (Hertz Corp.)
The Hertz Corp., a leading automobile rental company, lowered its cost of purchasing office and computer supplies more than 15% a year by switching to a national contract for office supplies. Also, by simplifying purchasing administration, the offi The Hertz Corp., a leading automobile...
Tags: Hertz Corp., office supply
Research articles 1991-05-16
Senate Investigates Hospital Group Purchasing Organizations
Almost four years ago, we posted about the strange world of hospital group purchasing organizations GPOs. These organization purchase large volumes of medical products for member hospitals, but a "safe harbor provision" in federal law allows them to charge the vendors, not the hospitals for their services. In fact, it...
Tags: hospital
News items 2009-08-14
Contract Management for Procurement Best Practices
"In general, procurement is usually viewed as a cost center, which can only be marginally improved through the application of information technology. The primary function of the procurement professional is to evaluate and select suppliers based on availability, reliability and price in order to obtain the highest quality products...
Tags: Contract Management, Procurement, iSource, Purchasing & Procurement, Business Operations
Case studies 2003-01-01
NLC program helps cities save on homeland security.(National League of Cities contracts with U.S. Communities Government Purchasing Alliance)
NLC has joined with the U.S. Communities Government Purchasing Alliance, a national purchasing program sponsored by NLC and many state municipal leagues, to announce the availability of a wide range of homeland security products and equipment through a new competitively-bid national contract with Hagemeyer North America....
Tags: Hagemeyer N.V.
Research articles 2005-10-31
Contract is awarded on Covisint.
The first contract awarded on the new Covisint automotive purchasing portal is going to an unidentified injection molder. Exactly who made the parts purchased by ArvinMeritor Inc. on Oct. 3 has not been released, but officials with the new e-busine The first contract awarded...
Tags: ArvinMeritor Inc., Covisint
Research articles 2000-10-09
IBM/LOTUS INTRODUCED BY PBC
AsiaInfo Services 04-08-1998 IBM/Lotus Introduced by PBC BEIJING, April 8, AsiaInfo Services, Inc -- On March 27, People's Bank of China PBC signed a contract on purchasing IBM/Lotus Software in Beijing. With the assistance of IBM software ...
Tags: IBM Corp.
Research articles 1998-04-08
Purchasing for Pollution Prevention: Mercury-Free Medical and Surgical Supplies Fact Sheet
A wide variety of medical equipment can contain mercury, from thermometers and blood pressure equipment to diagnostic analyzers. Many hospitals are now buying only mercury-free products, and government agencies can easily follow suit by restricting mercury on their purchasing contracts. With INFORM's technical assistance, Massachusetts changed its guidelines to allow...
Tags: Blood Pressure, Pollution, Healthcare
White papers
Orthofix's BREG Division Signs Three-Year Contract to Supply Health Trust Purchasing Group with Cold Therapy Products
HUNTERSVILLE, N.C. -- Orthofix International N.V. (NASDAQ:OFIX) today announced that its BREG division has entered in to an agreement with Health Trust Purchasing Group HPG to begin supplying BREG's Polar Care brand of cold therapy products for post-operative treatment. HPG is a healthcare group purchasing organization GPO that supports not-for-profit...
Tags: BREG, Orthofix International N.V.
Research articles 2004-09-08
At ICI, purchasing portal helps assure compliance.(Sourcing Strategy)
Compliance is key to cost-savings benefits of a national--or global--contract. If employees don't use contracts negotiated by a purchasing operation that agree to provide suppliers with certain spending volumes, then the company can't buy the items at discounted prices or realize other benefits such as improved...
Tags: Imperial Chemical Industries Plc., Staples Inc.
Research articles 2003-09-18
HealthCare Purchasing Partners International(TM) Adds Voice-Tech to the 340B Prime Vendor Program, Providing Low-Income Americans With Access to Interactive Voice Response Refill Solutions
HealthCare Purchasing Partners InternationalTM HPPI announced that it has added Voice-Tech, Inc. to its growing list of companies providing drugs, supplies and medical devices to clinics, hospitals and health care programs for low-income Americans. HPPI's three-year contract with Voice-Tech began April 1st, 2005. HPPI, a group purchasing organization co-owned...
Tags: HealthCare Purchasing Partners International, Partners International Inc., Voice-Tech Inc.
Research articles 2005-04-13
HealthCare Purchasing Partners International(TM) Adds GlaxoSmithKline to the 340B Prime Vendor Program, Providing Low-Income Americans With Access to Vaccines
HealthCare Purchasing Partners International™ HPPI announced that it has added the global pharmaceutical company GlaxoSmithKline to its growing list of companies providing drugs, supplies and medical devices to clinics, hospitals and health care programs for low-income Americans. HPPI's three-year contract with GlaxoSmithKline began March 15, 2005. HPPI, a group...
Tags: GlaxoSmithKline Plc., HealthCare Purchasing Partners International, Partners International Inc.
Research articles 2005-04-26
JPC has new agreement with Edward Don covering variety of food service products. (Group Purchasing).(Joint Purchasing Corp.)(Brief Article)
Joint Purchasing Corp. JPC, New York, has a new agreement for food service. The vendor is Edward Don & Co., and the contract took effect in June. It covers 12,000 food service equipment and supply items, including tabletop, smallwares, paper products,...
Tags: Edward Don & Co.
Research articles 2002-08-01
ZLB Bioplasma Inc. Awarded Supply Agreement by Leading Health Care Purchasing Group; Company to Provide Much-Needed Intravenous Immunoglobulin — IVIG — and Albumin to U.S
Business Editors & Health/Medical Writers GLENDALE, Calif.--BW HealthWire--Sept. 10, 2001 ZLB Bioplasma Inc. has been awarded a group purchasing contract worth in excess of $30 million to supply IMMUNE GLOBULIN INTRAVENOUS HUMAN and ALBUMIN HUMAN to members of Premier Inc. A major health care alliance serving approximately...
Tags: CSL Ltd., ZLB Bioplasma AG
Research articles 2001-09-10
Akorn, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions We will take our first question from Scott Hirsch with Credit Suisse. Scott Hirsch – Credit Suisse Good evening guys, how are you? Arthur Przybyl Hi Scott. Scott Hirsch – Credit Suisse Handful of questions for you. I want to start with the...
Tags: Hospital, Vaccine, Call Transcript, Earnings, Akorn Inc., Td, Healthcare, Seeking Alpha
Earnings calls 2008-11-18
Contract awards
The following construction contracts have been awarded: Hampton Road, $2,578,124 to Max J. Kuney Company, P.O. Box 4008, Spokane, WA 99202. Issued by: Whatcom County Purchasing, Bellingham, WA. Asbestos removal, $24,176 to Environmental Abatement Services, P.O. Box 375, Burlington, WA 98223. Issued by: City of Bellingham...
Tags: Whatcom County
Research articles 2009-06-01
Bayer Awards Contract...Ups PharmaNetics Stake.(Brief Article)
BAYER CORPORATION increased its equity ownership of diagnostics company PharmaNetics from 7 percent to 20 percent by purchasing 1,450,000 shares of newly issued common stock for ... BAYER CORPORATION increased its equity ownership of diagnostics company PharmaNetics from 7 percent to 20 percent by...
Tags: Bayer AG, United Parcel Service of America Inc.
Research articles 2001-04-30
Knox County, Tenn., Official Says Emergency Services Contract Will Stand.
By Michael Silence, The Knoxville News-Sentinel, Tenn. Knight Ridder/Tribune Business News Apr. 2--Rural/Metro Tennessee's complaint about a competing company's proposal was rejected Monday by Knox County's purchasing boss. "I have determined that AMR's American Medical Response proposal meets all...
Tags: AMR Research
Research articles 2002-04-02
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