Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Field Purchase Order (FPO)”

  • Field Purchase Order (FPO)

    A type of purchase order with a pre-approved maximum value used to expedite the acquisition of non-recurring goods and services necessary for business operations. An FPO is used for occasional, unexpected business expenditures i.e., the breakdown of a company vehicle in the middle of a delivery trip.