Dictionary of Procurement Terms

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Search Results: 51-60 of 174 results for “A”

  • Ad Valorem Duty

    A customs duty or tax based on the value of the goods under consideration rather than on the quantity of the goods.

  • ADA


    See Also: Americans with Disabilities Act (ADA)

  • Addendum/Addenda

    A written change, addition, alteration, correction, or revision to a solicitation or contract document. Commonly, the name given to the document used to revise a solicitation.

  • Adhesion Contracts

    Contracts where the buyer is in no position to bargain effectively with the seller. In this context, the seller presents a “take it or leave it” contract for the purchase of goods or services with the intent to take advantage of the buyer’s lack of knowledge or sophistication.

  • Adjectival Ratings

    A notational scoring system in which adjectives are used to describe the quality of a response to a Request for Proposals (RFP) or a response to a Request for Qualifications (RFQu). Responses may be rated using such terms as Excellent, Good, Fair, and Poor. (Nash et al., 2007)

  • Adjustment

    CANADIAN The amount of variation permitted by an adjustment clause in the Contract generally permitting a change upward or downward in the price or obligation in case certain events transpire.

  • Administered Price

    A price determined by the deliberate price policy of a supplier rather than by competitive forces of the marketplace.

    See Also: List Price

  • Administrative Change

    A unilateral change to a contract in writing that does not affect the substantive rights of the parties, such as a change in the address to which an invoice is mailed.

  • Administrative Law

    Rules, regulations, and executive orders promulgated by governmental administrative or regulatory entities. Generally enacted to make statutes and ordinances more specific. Has the force and effect of law.

  • Administrative Remedies (exhaustion of)

    The completion of the process of direct appeal to a governmental entity as defined by the entity’s administrative regulations. When all procedures for review of the appeal by public officials have been followed and the relief sought by the appealing party still has not been obtained to that party’s satisfaction, administrative remedies are considered to be exhausted. (Garner, 2004)

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