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Affiliate
1. A branch or unit of a larger entity.
2. Legal form of entity relationship used in
business law.
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Affirmative Action
Required procedures
contained within United States federal law
(Equal Opportunity Act of 1972) designed to
eliminate unlawful job discrimination among
applicants, remedy the results of such prior
discrimination, and prevent such
discrimination in the future. Typically applies
at least to race, creed, color, and national
origin.
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Agency
A legal relationship that exists between
two parties by which one (the agent) is
authorized to perform or transact specified
business activities for the other (the
principal).
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Agent
Individual who acts on the behalf of any
entity, such as a corporation, partnership, or
any level of government as that entity
conducts business. See also: Law of Agency,
Principal, Buyer.
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Aggrandizement
The extension of one’s
influence beyond what is normal or ethically
acceptable. In procurement, personal gain
obtained through an agreement established
and intended to be on behalf of taxpayers.
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Aggregate
To gather or collect quantities of a
specific item (product or service), often to
achieve savings by leveraging economies of
scale. (Schiller 2000)
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Aggregate Award
A contract award based on the
total price for all items. While this allows the
public entity to enter into a contract with a
single supplier, this method does not always
provide the best available pricing and may be
overly restrictive unless multiple offerors are
able to supply all of the items contained in the
solicitation document.
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Aggregate Supply
The total supply of all the
goods and services in an economy. (OED
2021)
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Aggregator
Any supplier that combines like
clients, goods, or services into groups for
reasons of economy, convenience, etc.
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Aggrieved Bidder/Proposer/Offeror
The
bidder/proposer/offeror who may be
adversely affected by the award of a contract
to another bidder/proposer/offeror and
protests or appeals the decision.
