Dictionary of Procurement Terms

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Search Results: 11-20 of 82 results for “N”

  • National Income

    The amount of aggregate income earned by suppliers of resources employed to produce GNP; net national product plus government subsidies minus indirect business taxes. (Schiller, 2000)

  • National Institute of Governmental Purchasing (NIGP)

    A national, membership-based non-profit organization developing, supporting and promoting the public procurement profession through premier educational and research programs, professional support, technical services and advocacy initiatives that benefit members and constituents since 1944.

  • National Institute of Governmental Purchasing Commodity/Service Code

    A numbering system developed by NIGP to identify goods and services purchased by public purchasing entities; serves as the cornerstone of an automated purchasing function, helps suppliers identify the goods and services to bid, and enables different jurisdictions to share purchasing information.

  • National Institute of Municipal Law Officers (NIMLO) Model Code

    A document prepared by the National Institute of Municipal Law Officers that includes standards against which a jurisdiction can compare its procurement laws.

  • National Institute of Standards and Technology (NIST)

    Established by Congress in 1901 and now part of the U.S. Department of Commerce, NIST is one of the nation's oldest physical science laboratories. Its mission is to foster innovation and build confidence in quantitative biology and biomaterial measurements across government and industry in support of the bio-economy. (NIST)

  • National Item Identification Number

    Digits 7 to 13 of a NATO stock number that are non-significant, but sequentially assigned by each National Codification Bureau to a unique item of supply.

  • National Motor Freight Classification (NMFC) Guide

    A list of all items, in theory, that could possibly be transported by a common carrier. The list of items then has a class associated with each item. The class is determined by storability, density, handling characteristics, and value of the item being shipped. Class (along with distance and weight) is used by the common carrier of the goods to determine the rate of the shipment.

    See Also: Class Rate

  • National Purchasing Institute (NPI)

    Founded in 1968, the National Procurement Institute, Inc. is designed to establish cooperative relationships among its members and to develop efficient purchasing methods and practices in the areas of governmental, educational, and institutional procurement. The mission of NPI is to facilitate the educational and professional development of its members. The National Procurement Institute, Inc. (NPI) is the Public Sector Affiliate of the Institute for Supply Management. (NPI)

  • NATO


    See Also: North Atlantic Treaty Organization (NATO)

  • NATO Codification System

    A uniform system used as a common method to classify, identify, and designate all items of supply by means of a stock number.

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