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Design-Build
A construction project delivery
method that combines architectural and
engineering design services with construction
performance under one contract.
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Design-Build-Finance-Operate
1. An Alternate Project Delivery Method (ADPM)
demonstrating a design-build concept
whereby the owner and designer/contractor
work as a team to ensure that the owner’s
requirements are met during design and
construction.
2. 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.
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Designation of Special Purpose
A designation
that identifies items created by the
modification of standard commercial products
to meet special needs, such as equipment
modified to meet the needs of the physically
challenged.
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Designee
A duly authorized representative.
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Destination
1. The place to which a shipment is consigned.
2. The final delivery point to which a shipment is
routed.
3. A delivery point whereby title passes from
seller to buyer.
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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 inventory, warehousing, and
cooperative purchasing operations.
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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.
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Devaluation
The deliberate downward
adjustment in the official value of one nation's
currency in relation to other countries'
currencies. See also: Currency Devaluation.
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Differential Exchange Rate
The mathematical
difference of interest rates between two
currencies, calculated by subtracting the
lowest interest rate from the highest.
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Digital Signature
An encrypted electronic
signature that mitigates signature fraud.
