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: 51-60 of 107 results for “D”
  • Design-Bid-Build

    The traditional project delivery method, which customarily involves three sequential project phases: design, procurement, and construction, and two distinct contracts for the design and construction (build) phases.
  • Design-Build

    A construction project delivery method that combines architectural and engineering design services with construction performance under one contract.
  • Design-Build-Finance-Operate

    An Alternate Project Delivery Method (ADPM) demonstrating a design-build concept where the owner and designer/contractor work as a team to ensure that the owner’s requirements are met during design and construction. A complex and innovative approach developed through Public-Private Partnerships in which there is much greater involvement of private financing and that often combines construction and management or operations contracts.
  • Designation of Special Purpose

    Identifies items created by modification of standard commercial products to meet special needs, such as equipment modified to meet the needs of the physically challenged.
  • Designee

    A duly authorized representative.
  • Destination

    The place to which a shipment is consigned. The final delivery point to which a shipment is routed. A delivery point where title passes from seller to buyer.
  • Detailed-Item Description Code

    Part II of the NIGP Commodity/Service Code, which expands the class-item code into 11 digits with more than 140,000 item descriptions; used in the areas of inventory, warehousing, and cooperative purchasing operations.
  • Determination and Findings

    A legal document prepared by a procurement professional to justify a decision to take a certain action; includes conclusion, or determination, and the reason or findings of fact.
  • Devaluation

    The deliberate downward adjustment in the official value of one nation's currency in relation to other countries' currencies.
  • Differential Exchange Rate

    The mathematical difference of interest rates between two currencies, calculated by subtracting the lowest interest rate from the highest.