What is the difference between a Price List (PL) and Vendor List (VL)?
A price list is a group of common items or services competitively bid to set the prices contractually for a specified time period. A vendor awarded a price list contract is obligated to provide the specified goods or services, at the contracted price and terms, to all purchasing agencies committed to the contract. A vendor list is comprised of qualified vendors that were competitively solicited to provide specified goods and/or services (i.e. Copiers and Facsimile Equipment, WSCA Computer Equipment and Services, etc.) for a specified period and usually at discount rates from a vendor’s established catalog or product lists.
Related Questions
- I am buying a home in the Santa Barbara real estate market and want to understand the difference between list price, sales price and appraised value. Can you explain that?
- In brief, what is the difference between a simoniacal and a non-simoniacal price list?
- What does the First Payment amount on the price list include?
