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.


References