Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Award by Group”
  • Award by Group

    A contract award that can be made to multiple suppliers based on the lowest total price for all items within a specific group. The public entity may group items by classification, commodity code, category, or geographic zone in its best interest. This method allows the public entity to target a logical grouping of bid items to a supplier for contract management purposes. Also known as Class Award.

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