Dictionary of Procurement Terms

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: 1-10 of 72 results for “T”

  • T & C


    See Also: General Terms and Conditions (Ts and Cs)

  • T & M


    See Also: Time and Materials Contract (T & M)

  • Tabulation of Bids/Responses

    The recording of responses to solicitations for the purposes of comparison, analysis, and record keeping.

  • Tactical Planning

    The process of breaking down a strategic plan into specific, short-term plans (usually less than one year) with objectives, outcomes, and strategies.

  • Taguchi Method

    An engineering quality control approach, developed by Japanese engineer and statistician Genichi Taguchi, that focuses on improving a process or product during the design phase rather than after it has been manufactured or delivered.

  • Tare Weight

    The weight of all packaging materials and protective wrapping used for an item to be shipped.

  • Target Market

    An identified group of potential customers to whom a service or product will be directed.

  • Tariff

    A government-imposed tax on a specific class of imported goods.

  • Task Order Contract


    See Also: Delivery Order Contract

  • TCO


    See Also: Total Cost of Ownership (TCO)
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