Procurement Terms
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Definition
Procurement Terms are the governing conditions or stipulations ( terms) of a Procurement process.
The table organizes procurement terms according to conceptual model of the EProcurement Ontology.
| Contract Specific | Conditions and stipulations related to a contract in the post-award phase. |
|---|---|
| Contract Term | Conditions and stipulations defining particularities of the post award phase. |
| Subcontract Term | A concept to describe the main information regarding the share of parts of the contract to third parties. |
