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.

Search the Dictionary of Terms

Search Results: 1-2 of 2 results for “Collusion”
  • Certificate of Non-Collusion

    A document that may be required, usually by public purchasers, affirming that the offer is made freely and without collusion with another offeror.
  • Collusion

    When two or more parties act together secretly to achieve a fraudulent or unlawful act—particularly by bidders in a competitive bidding situation—in violation of antitrust laws.
Advertisement
Advertisement

SUGGESTIONS FOR THE DICTIONARY

 

Is there a term missing from our dictionary?

 

Does a more concise or relevant definition apply?

 

Submit your comments/suggestions to our editorial board at dictionary@nigp.org