Standing offer

A Canadian arrangement where a supplier agrees to provide goods or services at set prices when asked, for a set period. It is not a contract until the buyer issues a call-up.

Also called: Standing offer agreement (SOA), National master standing offer

Related terms

Supply arrangement

A Canadian federal method where pre-qualified suppliers compete for individual contracts later. TBIPS, TSPS and ProServices are supply arrangements used for IT and professional services.

Call-off contract

A contract awarded under a framework agreement or standing offer for a specific job. The framework sets the terms; each call-off sets the work and price.