Procurement Terms
From Open Risk Manual
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. |
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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. |
Lot Specific | Conditions and stipulations related to a lot. |
Procedure Specific | Conditions and stipulations related to a procedure. |
Process Planning | Conditions and stipulations defining particularities of the unfolding of the procurement process. |