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The actual price may be from a current Global Sourcing approved price list, a supplier quotation or from a previous purchase order executed no later than twelve months prior to the current sourcing requirement.
The purchase order must also specify cash payment terms and f.o.b. point.
The delegated sourcing person making the commitment determines the method of shipment and routing.PolicyEstimated prices are acceptable under the following conditions:1) Repair and *return items*.
Note:
All repair purchase orders must contain the following phrase on the face of the original purchase order submitted to the supplier: