Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

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Search Results: 91-100 of 310 results for “C”

Client/Server

A computer system architecture in which a central computer program provides information to a number of requesting computer programs known as clients.
Closing Date/Time

Refers to the deadline for the receipt of an offer by the entity.
CMR/CMAR

See Also: Construction Manager at Risk (CMR)
COB

Close of business. Refers to the end of business day; sometimes used to specify the time by which an event must occur.
COD

See Also: Cash on Delivery (COD)
Code of Ethics

Principles, values, and standards that instruct professionals to conduct business with integrity.
Code of Federal Regulations (CFR)

The codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the U.S. federal government.
Coincident Indicator

An economics statistical indicator that reflects in almost real-time the current status of the economy.
Coinsurance Clause

Property insurance clause that requires policyholders carry an appropriate amount of coverage.
COLA

See Also: Cost-of-Living Adjustment (COLA)

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