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: 31-40 of 52 results for “G”
  • Governmental Accounting Standards Board (GASB)

    Non-governmental organization created in 1973 to develop accounting reporting standards for U.S. state and local governments.
  • Governmental Body

    1. Any department, commission, council, board, bureau, committee, institution, legislative body, agency, government corporation, or other establishment. 2. Official of the executive, legislative, or judicial branch of a jurisdiction.
  • GPO

  • GPRA

  • Grandfather Clause

    A contract provision that allows entities or people to continue to follow an existing rule, regulation, or law rather than a newly enacted one.
  • Grant

    1. A transfer of federal government funds to state or local governments to support or stimulate programs authorized by federal or state laws in order to accomplish objectives that are locally defined and managed under a broad federal or state program. 2. The furnishing of assistance by a jurisdiction, whether financial or otherwise, to any person to support a program authorized by law; does not include an award whose primary purpose is to procure supplies, services, or construction.
  • Grantee

    An entity that receives a grant of monetary funds from a grantor. See also: Third Party.
  • Grantor

    A person or institution that provides funds to support the activities of the grantee.
  • Gratuity

    Something given voluntarily or beyond obligation, usually for some service (e.g., tip).
  • Green Purchasing

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