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What is a Dynamic Purchasing System (DPS)?

DPS Dynamic purchasing system
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What is a Dynamic Purchasing System (DPS)?

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DPS are a new concept defined within the Consolidated Directive. They are a completely electronic process for making commonly used purchases. Using a DPS allows purchasers to reduce the timescales for procurements made within it. Suppliers wishing to be admitted to the system must meet the selection criteria, and submit an indicative tender. Qualified suppliers can join or leave at any stage during the life of the system. Indicative bids may also be improved at any time provided they remain compliant.

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