View Single Post
Old April 11, 2013, 12:47 PM   #4
Frank Ettin
Join Date: November 23, 2005
Location: California - San Francisco
Posts: 8,702
Or to put it yet another way:
  1. During the life of the contract

  2. The vendor promises to deliver a product meeting defined specifications;

  3. In quantities specified in purchase orders received, up to a maximum aggregate quantity;

  4. Within a defined time after receiving each purchase order;

  5. At a specified price payable on specified terms.
How the vendor satisfies those obligations will be up to the vendor.
"It is long been a principle of ours that one is no more armed because he has possession of a firearm than he is a musician because he owns a piano. There is no point in having a gun if you are not capable of using it skillfully." -- Jeff Cooper
Frank Ettin is offline  
Page generated in 0.04948 seconds with 7 queries