Dictionary of Procurement Terms

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Search Results: 71-80 of 131 results for “D”

  • Differential Exchange Rates

    Different exchange rates imposed by a country’s government depending upon the nature of the goods imported. (ISM, 2000)

  • Digital Signature

    A digital code (generated and authenticated by public key encryption) that is attached to an electronically transmitted document to verify its contents and the sender’s identity. See also electronic signature. (Oxford Dictionaries, 2015)

  • Direct Cost

    The cost of materials or services identified with only a single cost objective.

  • Direct Delivery

    The shipment of goods directly from the source to an end user; frequently used where a third party acts as purchasing agent for the end user.

  • Direct Labor Hours

    The portion of a contract, proposal, or invoice that denotes the times spent working solely to satisfy the specific requirements of the contract as detailed in the specifications or scope of work.

  • Direct Selling

    The marketing of products and services to the ultimate end user through face-to-face sales presentations at home or in the office. (Business, 2002)

  • Directed Contract (marché prescrit)

    CANADIAN A Contract awarded to a pre-selected Contractor in circumstances where the Contracting Authority has justifiably set aside the requirement to solicit Bids under the provision of one or more of the exceptions to competitive Solicitation in Section 6 of the Government Contracts Regulations. Contracting Authorities are strongly encouraged to provide public notification of these Contracts through an Advance Contract Award Notice (ACAN) using the electronic bidding methodology. If this is done and if there are no valid challenges received to the ACAN within 15 days, the directed Contract is deemed to be competitive and may be awarded using the higher electronic bidding Contracting authority levels.

  • Directive

    CANADIAN A statement indicating the mandatory features of a policy. In those cases where the Treasury Board is prepared to permit deviations, departments must obtain prior approval by means of submissions. Directives are characterized by the use of the verbs shall, must, and will and appear in bold Italics throughout the manual.

  • Disadvantaged Business

    A business owned or controlled by a majority of persons who are determined to have been deprived of the opportunity to develop and maintain a competitive economic position because of specified social disadvantage. (Harney, 1992)

    See Also: Historically Underutilized Business (HUB), Minority-Owned Business Enterprise (MBE), Woman-Owned Business Enterprise (WBE)

  • Discharge By Mutual Assent

    Termination of a contract by mutual agreement of all parties. (Garner, 2004)

    See Also: Termination for Convenience, Termination for Default, Cancellation Request

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