A process of planning, reviewing,
analyzing, and conferring used by two or more
parties to reach a mutually acceptable
agreement in a contracting relationship.
A group of people, typically
including a procurement professional, project
manager, technical staff, financial analyst,
and legal expert with the essential skills or
knowledge necessary to reach a sound agreement. See also: Evaluation
Payment for goods sold, to be made
within a rather short period with no deduction
allowed from the invoice price.
Contractual agreement in which the
lessee pays, in whole or in part, expenses
other than the rental fee (e.g., maintenance
costs, taxes, and insurance fees).
Price after all discounts, rebates, etc.,
have been allowed.
CANADIAN The amount received
for the disposal of a material asset after
subtracting the costs associated with
completing the disposal action.
The actual weight of the contents of
a container or the cargo of a vehicle.
An individual who functions
specifically to aid parties in resolving
controversies through alternative dispute
A market segment in which buyers
have specific or complex needs, requiring
specialized suppliers to meet those needs.
Because there are fewer suppliers, buyers
may not have as many contracting
advantages regarding prices, delivery, and
NIGP Commodity/Service Code