Iowa Admin. Code r. 265-15.6
Current through Register Vol. 47, No. 6, September 18, 2024
If the authority foresees a requirement for frequent purchases of off-the-shelf items, the authority may establish blanket purchase agreements. A blanket purchase agreement is a formally approved charge account that is designed to reduce paperwork and the number of checks issued. Blanket purchase agreements are subject to the competitive bidding requirements previously outlined, where applicable.
Iowa Admin. Code r. 265-15.6