Procurement
Blanket Purchase Agreement (BPA)
A simplified acquisition method for filling anticipated repetitive needs for supplies or services.
In context
How Blanket Purchase Agreement works in supplier diversity
BPAs establish pre-negotiated terms with suppliers for recurring purchases, streamlining the ordering process. They can be established with GSA Schedule holders or through other contracting vehicles. BPAs are commonly used for office supplies, IT hardware, and recurring services.
Example
Real-world example
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