Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

Search the Dictionary of Terms

Search Results: 2261-2270 of 2469 results

  • Team Leadership

    Professor Robert Trent of Lehigh University identified ten requirements for effective team leadership: 1. Work with the team to establish and commit to performance goals; 2. Secure individual member involvement and commitment; 3. Manage internal team conflict; 4. Help maintain team focus and direction; 5. Secure required organizational resources; 6. Prevent team domination by a member or faction; 7. Deal with internal and external obstacles confronting the team; 8. Clarify and help define each member’s role; 9. Provide performance feedback to team members; 10. Coordinate multiple tasks and manage the status of team assignments.

  • Technical Proposal

    A response to a solicitation that describes in detail what an offeror proposes to do, furnish, and the method of delivery with no mention of cost. May be part of a two-step response contained within an offer, the second part being the price proposal.

  • Technical Specifications

    A subset of design specifications that establishes the material and operating requirements of commodities.

  • Tender

    A bidding process for goods, services, or construction that is open to all qualified Bidders and where the sealed Bids are opened in public for scrutiny and are chosen on the basis of compliance with the Bid requirement and lowest price. Also referred to as competitive tender or public tender and is a term normally used in Canadian procurement. Also see Bid and Solicitation.

    See Also: Solicitation

  • Term Contract

    A type of contract in which a source of supply is established for a specified period of time for specified services or supplies; usually characterized by an estimated or definite minimum quantity, with the possibility of additional requirements beyond the minimum, all at a predetermined unit price.

  • Termination for Convenience

    A contract clause that may be contained within boilerplate language that allows for contract to be ended at the discretion of the governmental entity. Action by which the purchasing entity, in accordance with contract provisions, unilaterally cancels all or part of the contract work for the best interest of the jurisdiction, and with no reflection on the contractor’s performance.

    See Also: Termination for Default, Cancellation of a Contract, Discharge By Mutual Assent

  • Termination for Default

    A contract clause that may be contained within boilerplate language that allows either contracting party the right to cancel a contract, either in whole or in part, due to failure of the other party to perform satisfactorily.

    See Also: Termination for Convenience, Cancellation of a Contract, Discharge By Mutual Assent

  • Terms and Conditions (T’s and C’s)

    Standard boilerplate language that includes standard clauses and rules that apply to bids and proposals formally solicited that may become incorporated into the final contract.

    See Also: Boilerplate

  • Terms of Contract

    Stipulations made in Contracts.

  • Terms of Payment

    The methods of payment stipulated in a sales or purchasing ​contract.

Advertisement

Advertisement