Dictionary of Procurement Terms

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Search Results: 81-90 of 174 results for “A”

  • Aggregate Supply

    The total supply of goods and services that producers are willing to provide within a particular market. (OED Online, 2015)

  • Aggregator

    Any supplier that combines customers or services into groups for reasons of economy, convenience, etc.

  • Aggrieved Bidder/Proposer

    The bidder/proposer who is adversely affected by the award of a contract to another bidder/proposer and protests or appeals the decision.

  • Agreement

    An understanding between two or more parties in which they state a common understanding and intention regarding past or future intentions or facts, sometimes with a view to altering performance, rights, and obligations. When the additional elements of a contract are satisfied, e.g., mutual obligation (consideration), capacity, definiteness, and legal purpose, contracts may be formed. Then the terms agreements and contracts are sometimes used synonymously.

    See Also: As To Form

  • Agreement Type

    CANADIAN Refers to the agreement under which the opportunity is governed, such as the Agreement on Internal Trade (AIT), North American Free Trade Agreement (NAFTA), etc.

  • AIA


    See Also: American Institute of Architects (AIA)

  • Air Freight

    1. Freight transported by air. 2. The amount charged for air transportation.

  • Air Freight Forwarder

    An indirect air carrier that is responsible for the transportation of property from the point of receipt to the point of destination, and utilizes for the whole or any part of such transportation the services of a direct air carrier or its agent, or of another air freight forwarder. (U.S., FAR, 2005)

  • Air Waybill

    Documented proof of the contract of carriage between the shipper and the carrier. It serves as a receipt of goods for shipment and is required for customs clearance. This proof was issued by the airlines following the International Air Transportation Association (IATA) standard form. (Business, 2002)

  • Alien Corporation

    A corporation chartered by a foreign government and conducting business in the United States. (Business, 2002)

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