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The in-house labor force requires special tools to install or maintain a new piece of equipment. Once the tools are purchased, there will be no...
The in-house labor force requires special tools to install or maintain a new piece of equipment. Once the tools are purchased, there will be no recurring need for the same purchase. Which of the following types of contracting mechanisms would be used to procure the tools?
National buy contract
Fixed type contract
Blanket purchase order
One-time purchase order
My answer to this is: One-time purchase order