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: 1-1 of 1 result for “joint bid method”

  • Joint Bid Method

    A form of intergovernmental cooperative purchasing in which two or more public procurement entities agree on specifications and contract terms and conditions for a given item of common usage and combine their requirements for these items into a single request for an Invitation for Bids. Once bids have been received and discussed by the participants, each public procurement entity issues and administers its own purchase order or contract.
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