Looking for the abbreviation of Procurement? In 2012, the Procurement Network's working group on Harmonization moved the original Procurement Practitioner's Handbook to this platform, leaving the main content untouched. Audit Trail. 0000003823 00000 n 0000002669 00000 n List page number 3 0000004153 00000 n Abbreviations viii Executive Summary ix I. Terms like RFQs, ITTs, PQQs, DPS and RFPs seems like they are only used to confuse us into a … MANDATE, ROLES AND RESPONSIBILITIES 1.1 General. Glossary of Commonly Used Procurement Terms Page 3 of 10 PnpPsgGlossary.doc December, 2007 The following awards include multiple contracts awarded by region. Guidelines for the procurement of Goods, Works and related services under IsDB Project Financing COMMON ABBREVIATIONS AND DEFINED TERMS Contractor A Firm that is contracted to provide Goods, Works or related services. h�bbd``b`Z$mA, � "v �V�X�x����Ȩ d100�F�g��` o�� List of most popular Procurement terms updated in August 2020. COI: Conflict of Interest. COGS: Cost of goods sold. Glossary of Procurement Terms. List of Abbreviations: Directorate - Public Procurement Directorate ... procurement procedure, responsible for managing and supervising public procurement procedures in Montenegro. the most advantageous and cost effective terms for the purchaser. H�\�͊�0�{�b����ڦ ��v��~��} ��]a�!ڃo�3N�� Browse the list of 710 Procurement acronyms and abbreviations with their meanings and definitions. ... procurement process (e.g., as attachments to requests for quotation/ purchase orders or requests for ... 2.2 Abbreviations not listed shall be spelled out or defined in a piping Practice in which the abbreviations are used. 0000001016 00000 n Addendum … Abbreviations and Acronyms xiii Procurement Glossary xvii chapter 1: introduction – Policies and Principles 1.1 Procurement Rules and Regulations; and this Manual 1 ... Payment Terms and Price Variations 6.1 Forms of Security 77 6.2 Payment Clause 79 6.3 Terms of Payment for Domestic Goods 81 6.4 Terms of Payment for Imported Goods 82 Understanding basic UK procurement terminology goes a long way when tendering! 0000002849 00000 n DECEMBER 2006 [THIS PAGE WAS LEFT BLANK INTENTIONALLY] GENERAL CONDITIONS FOR PROCUREMENT CONTRACTS TABLE OF CONTENTS Article Number Title Page-i- December 2006 General Conditions for Procurement Contracts P1 ABBREVIATIONS, DEFINITIONS AND GENERAL TERMS P-1 . Find out what is the most common shorthand of Procurement on Abbreviations.com! 0000011432 00000 n Here are some of the basic terms and a brief definition of each: 1. P1.1 General P-1 . %%EOF However, local government has seen greater overall spending restraint than central government over this period. Introduction 1 II. Terms like RFQs, ITTs, PQQs, DPS and RFPs seems like they are only used to confuse us into a … Open procedure One of the procedures for procurement under the EU Directives, under which all eligible applicants are invited to tender in a one-stage procurement process. 0000015161 00000 n 0000032583 00000 n The amount of abbreviations flying around is becoming increasingly common in the procurement world. G GHG Greenhouse Gases H HAZCHEM Hazardous Chemical Alert I IMF Intermodal Freight Containers 0000003858 00000 n 0000005348 00000 n Procurement terms and abbreviations pdf - The glossary of procurement terms is aimed at helping buyers and bidders alike with the basic procurement terminology used in the procurement process. ACQUISITION The act of acquiring goods and services (including construction) for the use of a governmental activity through purchase, rent, or lease. 0000018329 00000 n A pre-printed form, which incorporates the Council’s terms and conditions of purchase, used to place an order with a supplier. CPD: Continuing professional development. In purchasing it usually refers to a form that is received from a supplier that accepts or sometimes modifies the purchase order. technical, supply, and procurement communities but also the customers they serve, and the contractors who provide the products and services. Glossary of Commonly Used Procurement Terms Page 3 of 10 PnpPsgGlossary.doc December, 2007 The following awards include multiple contracts awarded by region. 5 1. endstream endobj startxref Supply Chain Management Terms | Terms Used in Purchasing 0000038189 00000 n 'Commissioning is about contracting.' For this reason, we decided to make a list of key terms and abbreviations in procurement. %PDF-1.5 %���� 0000004653 00000 n 401 0 obj <> endobj The Procurement Manual details UNOPS procurement instructions, procedures and processes and provides further guidance for carrying out procurement activities for or on behalf of UNOPS effectively and efficiently in compliance with UNOPS Financial Regulations and Rules, and other applicable UNOPS legislative instruments. The World Bank Procurement Guidance This section explains the common abbreviations and defined terms that are used in this Guidance. Construction Terminology Cheat Sheet Planning Assignable Square Footage (ASF) ... JOC reduces unnecessary levels of engineering, design, and contract procurement time along with construction project procurement costs by awarding long-term contracts for … 421 0 obj <>stream COPPAR: Community of Practice Procurement Architectural Review. H�\��n�@��~�9&��`Ow�B"�H�G��{ ��m ����+�J��,OQߴar��oc���w�ϖ�k�f����K=fy PROCUREMENT TERMS To make the procurement process more straightforward, here’s some useful decoded abbreviations you might come across in the tendering process. The Glossary: Defense Acquisition Acronyms and Terms provides an extensive list of Acronyms and Abbreviations (Appendix A) and Glossary of Terms (Appendix B) commonly used in the systems acquisition process within the Department of Defense (DoD) and defense industries. A Contractor is different from a Supplier of Consultant Services. �_H&�M��X�f��=v��ԍw��-���W�\c��lzڶ trailer <]/Prev 53447>> startxref 0 %%EOF 46 0 obj <>stream 0000013106 00000 n Effective and strategic procurement planning helps ensure that fit-for-purpose procurement approaches are developed to achieve VFM and the project’s development objectives. 0000007261 00000 n Confidential Information (also, Proprietary Information)-Any information conveyed to a public employee, due to position in the procurement process, by a manufacturer of firm such as, product testing or trade secret which would not be available as general knowledge. The glossary of terms was updated reflecting the Procurement Network's agreed harmonized definitions for procurement-related terms. H�Ԗmk�0���S��VG��(�m��:�փ��$J��(������$�Y��y3B�m�O��ߝ�����y�\g��ZKg\�_ �P����:�0�h. Browse the list of 1.2k Procurement abbreviations with their meanings and definitions. The act of accepting by an authorized representative; an indication of a willingness to pay; the assumption of a legal obligation by a party to the terms and conditions of a contract. 0000021295 00000 n Other special terms may be used in the RFP, but they are more localized and defined where they appear, rather than in the following list. Commissioning need not automatically lead to the procurement of a contract - that's just one choice. developing a procurement strategy and procurement plan for projects financed in whole or in part by an ADB loan or grant, or by ADB-administered funds. Supplier shall be deemed to have agreed to be bound by such terms by accepting the Purchase Order, delivering the goods, [ Read More ] Defined terms are written using capital letters. 0000038448 00000 n 80-20 Rule See the Pareto Principle. 1.1 DEFINITIONS AND ABBREVIATIONS Following are explanations of terms and abbreviations appearing throughout this RFP. Understanding basic UK procurement terminology goes a long way when tendering! 0000001480 00000 n COOP: Cooperative Purchase or Cooperative Procurement. 0 0000001941 00000 n CPO: Chief Procurement Officer Letter that creates an immediate binding contractual relationship between the Council and the. 0 `�� endstream endobj 18 0 obj <> endobj 19 0 obj [/ICCBased 39 0 R] endobj 20 0 obj <>stream h�b```b``�g`f``���ˀ ��@���� �?cp���7��o�kŧ �A1�?��J3&;!��*�%C�� �"� ��� ��_����$�*Fo� �J!$ 0000007706 00000 n 0000007966 00000 n 0000016695 00000 n List page number 11 Shortened forms of a set of words, consisting of initial letters pronounced separately, for example, invitation to tender (ITT) Select a letter from the index above to see the glossary items beginning with that letter. 0000009751 00000 n Planning for E-Procurement 9 IV. ‘procurement’is that it does not deal with a single action or process.Procurement covers the complete range of events from the identification of a need for a good or service through to its disposal or cessation.The term ‘procurement’in Australia is very similar to the term ‘supply management’. %PDF-1.7 %���� Glossary of Procurement terminology. Common Abbreviations and Defined terms This section explains the common abbreviations and defined terms that are used in this Guidance. hޤ�mO�0��S�>���]B��� ��'!>�-l];�A���;;]��wvT�۱��i�/8�����-�H$h�J�ڧ2FP?N@�4IPGTH����0�Hp%X$�Rx=. *����ؖ��T�A�A��G�=��s��E���W�}�9$�[?آ@C��Úz��k�"$S٢t���j�v|�!��K c;�}�,��_Qe���g�r���[O��]j�]E����Ykȩ8e��+�Z�f�ao��V�e��;�^�g�v!.�G�}��FO��,�g3��p6#�g3��p6#y��:��h���ߝ�C������Ӈ���}n<>����*�կ �Ҝ endstream endobj 26 0 obj <>stream When making any purchase from these awards, it is required that the Authorized User solicit best and final offers from all contractors for the applicable region: ]��b����q�i����"��w8=�8�Y�W�ȁf8}ކ3�aK�� tx��g�^삠+v��!�a�{Bhk� ��5Y�liFe�̓T���?����}YV�-ަ��x��B����m̒�N��(�}H)&�,�#� ��o0 endstream endobj 21 0 obj <> endobj 22 0 obj <> endobj 23 0 obj <> endobj 24 0 obj <> endobj 25 0 obj <>stream Acceptance letter. Use of E-Procurement in ADB-Financed Projects 6 III. Every procurement professional should know the meaning of key terminology used throughout procurement documents in order to have better understanding of supply process. Outcomes Commissioning is much more than procurement and might not involve procurement at all. Abbreviations and Acronyms xiii Procurement Glossary xvii chapter 1: introduction – Policies and Principles 1.1 Procurement Rules and Regulations; and this Manual 1 ... Payment Terms and Price Variations 6.1 Forms of Security 77 6.2 Payment Clause 79 6.3 Terms of Payment for Domestic Goods 81 6.4 Terms of Payment for Imported Goods 82 Glossary of Procurement Terms. 0000030693 00000 n List of all most popular abbreviated Procurement terms defined. A service 0000003409 00000 n Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts. PROCUREMENT POLICY FOR BANK GROUP FUNDED OPERATIONS August 2015 ... ABBREVIATIONS AND ACRONYMS ADB African Development Bank ADF African Development Fund ... TOR Terms of Reference UN United Nations . Glossary of Terms 1 Glossary of Contract Terms and Definitions Selected Terms from Coversheet Contract Type: Contracts within GEP are broken down into sixteen different types for procurement contract authoring. Dictionary of Procurement Terms. Please use the definitions below to help you in … 0000004266 00000 n CPI: Consumer price index. H�\��j� ��>�w�ٜ%P�r����NR�eby��6l�*����s���)d�o݀�@�q�;��@�ڂ. Abbreviated Piping Terms and Acronyms . point increase in central government procurement, between 2010/11 and 2017/18. This Guidance Note is intended to complement the Guidelines for Procurement of Goods and Works and related services and for the Procurement of Consultant Services under Islamic Development Bank ... Common abbreviations and defined terms that are used in these Guidelines. The Glossary: Defense Acquisition Acronyms and Terms provides an extensive list of Acronyms and Abbreviations (Appendix A) and Glossary of Terms (Appendix B) commonly used in the systems acquisition process within the Department of Defense (DoD) and defense industries. 0000008381 00000 n 0000023943 00000 n 0000001299 00000 n COTS: Commercial off the shelf. AGMA Association of Greater Manchester Authorities See also Preferred Suppliers List and Dynamic Purchasing System. Updated March 2020. For this reason, we decided to make a list of key terms and abbreviations in procurement. Glossary. FOR PROCUREMENT CONTRACTS . Revision 1.1 (Sep. 2012). Commissioning is about researching and setting policies and deciding on the best way of achieving those policies. CPCM: Certified Professional Contract Manager. The amount of abbreviations flying around is becoming increasingly common in the procurement world. 0000032135 00000 n 11 0 obj <> endobj xref 11 36 0000000016 00000 n ACQUISITION The act of acquiring goods and services (including construction) for the use of a governmental activity through purchase, rent, or lease. ... Procurement Approach Procurement approach is the overall design of ” “fit for purpose procurement to award contracts that deliver the Project 0000002414 00000 n developing a procurement strategy and procurement plan for projects financed in whole or in part by an ADB loan or grant, or by ADB-administered funds. Procurement terms and abbreviations pdf Page 1 of Acronyms. h�b```b``Y�����������b�,?n-a`XˀdNx�t�����y"����� f1)Y M@�����H+�2XD���7 �q� [�F�a�G6����ϕ���xF���m�_w�d/޴��lG��r1��l{�3��"�g`d� ;@�k{�B嵀�����(-@� �.C endstream endobj 12 0 obj <>>>/Lang(en-GB)/Metadata 9 0 R/Outlines 5 0 R/Pages 8 0 R/Type/Catalog/ViewerPreferences<>>> endobj 13 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]>>/Rotate 0/Tabs/W/Thumb 6 0 R/TrimBox[0.0 0.0 595.276 841.89]/Type/Page>> endobj 14 0 obj <> endobj 15 0 obj <> endobj 16 0 obj <> endobj 17 0 obj <>stream 0000004377 00000 n The act of accepting by an authorized representative; an indication of a willingness to pay; the assumption of a legal obligation by a party to the terms and conditions of a contract. List of Abbreviations: Directorate - Public Procurement Directorate ... procurement procedure, responsible for managing and supervising public procurement procedures in Montenegro. PUBLIC PROCUREMENT PROCEDURES HANDBOOK VOLUME I STANDARDISED PROCUREMENT PROCEDURES First Edition – January 2013 Ministry of Finance and Economic Development 0000004959 00000 n Acknowledgement A communication indicating that something has been received or understood. When making any purchase from these awards, it is required that the Authorized User solicit best and final offers from all contractors for the applicable region: 0000014700 00000 n The Web's largest and most authoritative acronyms and abbreviations resource. ��)\��iȪ�������a����?bbן�ß�����8~�K�'�p�k�)�ѷz�^_����ӾMϻ���2�V�������2�І�X7!��9d�"}֮zK�u����b�xj��U/�xKނw�]�kJ�)��%� ��\�=ك�,�=�YϬG�3���zd=�~�*Y�F6�3��"��/�0��/�}y�˿�_�o�4�J�_�~��g���Y�,p:���g���Y�,p:�eC�$Vv)��]�.e��K٥�Rv)��]�.e��K٥�R�G1e�ν��bV�Y)f���bV�Y)f���bV�Yfe�7�� �F�����o�7�� �F�����o�7���/��ی�=�J�u��[���Gw>?89]�N�8�.���� 409 0 obj <>/Filter/FlateDecode/ID[<846323AA6ED736B5B06B57F546270A23><984BF3F080BFE046BB0075CEB3D4F452>]/Index[401 21]/Info 400 0 R/Length 58/Prev 49204/Root 402 0 R/Size 422/Type/XRef/W[1 2 1]>>stream Abbreviations. 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