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 “Obsolete Supplies/Equipment”
  • Obsolete Supplies/Equipment

    Items that are out of date, no longer in use, or are effectively unusable (e.g., 8-track audio tapes and floppy computer disks). Obsolete supplies/equipment become outdated due to new technology, new regulations, or new procedures instituted by the entity. See also: Surplus.
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