Which of the following statement is true about one-off contract?

A one-off contract is used for a single, non-recurring transaction. This contractual form is highly flexible and is not restricted by the category of the procurement. It can be effectively used for acquiring tangible goods (e.g., a specific piece of machinery), intangible services (e.g., a single consultancy engagement), or specific works (e.g., a minor construction project). The defining characteristic of a one-off contract is its non-repetitive nature, rather than the value, risk, or type of item being procured.

A. A one-off contract covers a single transaction, providing minimal to no opportunity for the supplier to implement quality improvements during its performance.

C. Ad-hoc purchasing is a term used to describe unplanned, non-recurring purchases, which is the very definition of a one-off purchase.

D. One-off contracts are not limited to low-value items; they can be used for high-value, high-risk capital acquisitions like major equipment or construction projects.

1. Chartered Institute of Procurement & Supply. (2018). CIPS Level 4 Diploma in Procurement and Supply: L4M3 Commercial Contracting. Profex Publishing. In Chapter 2

Section 2.1

'Types of purchases'

it is explained that one-off purchases are for non-recurrent requirements and can range from low-value items to high-value capital equipment

and can be for goods

works or services.

2. Lysons

K.

& Farrington

B. (2020). Procurement and Supply Chain Management (10th ed.). Pearson. Chapter 5

'Sourcing Strategies'

discusses various buying situations

clarifying that one-off or 'ad hoc' requirements are for specific

non-repetitive needs which can encompass goods

services

or complex projects (works).

3. Bailey

P.

Farmer

D.

Crocker

B.

Jessop

D.

& Jones

D. (2015). Procurement Principles and Management (11th ed.). Pearson. Chapter 10

'Price and Total Cost of Ownership'

implicitly supports this by discussing pricing for different purchase types

including one-off capital goods and services

without restricting them by category.