Blanket Purchase Agreements
You can use a blanket purchase agreement to purchase specific items between the effective date and the expiration date of the blanket purchase agreement. You cannot create encumbrances for a blanket purchase agreement. However, you can create encumbrances for releases against a blanket purchase agreement.
To encumber a release of a blanket purchase agreement, you must do the following:
- Reserve funds for the release
Once you have created a release against a blanket purchase agreement, you must approve it just as you approve any other purchasing document.
See Also
Document Approval and Security
(Oracle Purchasing Reference Manual)
