A Government of Canada procurement instrument through which a supplier agrees to provide specified goods or services at pre-established prices, terms, and conditions for a defined period. A standing offer is not a contract and does not guarantee that any work will be ordered. Instead, it establishes the terms under which one or more federal organizations may purchase from the supplier by issuing a call-up. A legally binding contract is formed only when an authorized call-up is issued and accepted in accordance with the standing offer. Standing offers simplify repetitive purchasing, reduce procurement time, and provide pre-negotiated pricing for commonly purchased goods and services.
Standing offer
A Government of Canada instrument setting pre-agreed prices and terms from which organisations may order via call-ups, without guaranteeing work.
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Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
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