Indirect Procurement Policy

This policy documents guidelines for the procurement of indirect services and goods in a company. It discusses indirect expenses, capital services and goods purchases; requisition submittal and approval; requisition requirements; and expensed/capital purchase orders.

In this sample, most company purchases are made through the company's procurement department. Employees create purchase requisitions, which, once approved per the commitment and expenditure authority policy, authorize buyers to create purchase orders (POs) for expensed and capital services and goods required to adequately maintain the operation of the company.