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 “Requirements Contract”
  • Requirements Contract

    A contract used to order only the materials or services actually required during a contract term. An indefinite quantity contract for frequently used goods or services. See also: Open-End Contract, Price Agreement, Blanket Order.
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