A requisition is one part of the procurement process and is a formal request by an employee of a customer for specific items. May also include product performance requirements and required delivery dates. The requisition becomes a purchase order after internal approvals are completed.
A paper or electronic document that requests delivery of materials or services and is normally initiated by the using department. It usually includes requested dates and quantities, but may leave the determination of pricing and vendor sourcing to a purchasing agent. MRP generations often treat accepted requisitions as a scheduled receipt in the same manner as a purchase order.
Requisition. At term that refers to documentation submitted by a loan recipient in order to receive loan funds for loan eligible labor, equipment, materials and/or services which have been billed. The term Disbursement Request is more commonly used in the loan program when referring to loan applicant requests for loan funds. A complete Requisition (Disbursement Request) must include a Requisition For Disbursement letter which is signed by an authorized representative of the borrower, a Schedule 1 Form which itemizes previous and current loan disbursements and balance remaining and copies of all invoices for which loan funds are being requested
An internal document that a functional department (stores, maintenance, production, etc.) sends to the purchasing department containing details of materials to meet its needs, replenish stocks or obtain materials for specific jobs or contracts.
An internal document by which a using agency requests the procurement department to initiate a procurement. (A) Open Market purchase requisition - An initiating request from an agency describing needs and requesting the commission to purchase goods or services to satisfy those needs. (B) Term contract purchase requisition - A request from an agency for delivery of goods under an existing term contract.
A requisition is generally a "request" for a certain commodity - a service or product that a principal investigator wishes to buy as a part of a research project. The actual requisition form is Form 1303 which can be submitted electronically to the purchasing department.
For the purposes of Purchasing Policy and Procedure papers the reference is external requisition form unless otherwise indicated. The requisition is the order for above $2500 and is sent to the county for processing.
The document used by departments to convey their requests to Purchasing. For certain purchases, the requisition number may be used for vendor notification on orders up to $1,000 or for goods or services covered under contract.
A request from a department for goods or services to be delivered to them. For pharmaceuticals, the request normally goes to the internal pharmacy. For materiel, the request could be for general stores goods or goods ordered directly from a vendor.