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How to Split Number Contract

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Contract splitting: splitting a requirement into a number of contracts to avoid having to award the contract through competition. ... directing a purchase to a supplier without competition.
Splitting, in its literal sense, means dividing or breaking up into separate parts or portions, or an act resulting in a fissure, rupture, breach. Within the sphere of government procurement, splitting is associated with requisitions, purchase orders, deliveries and payments.
A split purchase is the intentional breaking down of a known requirement to stay within the cardholder's single purchase limit to avoid sending the requirement to the contracting office for award.
Shopping is a Procurement method based on comparing price quotations obtained from several national or international suppliers, usually at least three to ensure competitive prices. ... Shopping shall be restricted to cases when the justification for it is beyond contention.
One of the main choices in public procurement is to determine whether the works, supplies or services that are the subject of the procurement are to be acquired by using one contract or by using a number of separate contracts or lots, which may be awarded and performed by different economic operators.
Part III Emergency Contracting Limits of the Treasury Board Contracts Directive allows that any department or agency may enter into and amend a contract up to a total value of $1 million (including amendments and all applicable taxes including GST or HST) in response to a pressing emergency requirement.
Departments are reminded that under Section 9 of the Department of Public Works and Government Services Act, the Minister of Public Works and Government Services has the exclusive authority to acquire goods, with only a few exceptions.
'Contracting authorities' means the State, regional or local authorities, bodies governed by public law, associations formed by one or several of such authorities or one or several of such bodies governed by public law.
Government procurement, also known as government purchasing, is the procurement of goods and services by government agencies. ... This is a very formal process that is required by law, in which government agencies issue bid proposals and seek responses from companies.
A stock split means that existing shareholders receive additional shares, but the value of the shares will not increase due to the stock split. When a stock split is announced, an options contract undergoes an adjustment called “being made whole.”
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