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 “Systems Contract”

  • Systems Contract

    1. A contract that establishes a source of supply for a specified period for a large group or related family of materials 2. A method of procurement designed to improve the reordering of materials used repeatedly. May include a catalog with a list and description of items that can be purchased. See also: Blanket Order.

    See Also: Blanket Order
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