Dictionary of Procurement Terms

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Search Results: 91-100 of 174 results for “A”

  • All-Or-Nothing Bid (All or None)

    A bid submitted for a number of different items, services, etc., in which the bidder states it will not accept a partial award, but will accept only an award for all the items, services, etc., included in the Invitation for Bids. Because the bidder has qualified their bid, their bid response may be deemed as non-responsive.

  • Allocable Costs

    1. Costs that are specifically related to the contract. (Harney, 1992) 2. A cost that can be assigned or charged as an item of cost to one or more cost objectives in accordance with the terms of the contract and applicable laws and regulations.

  • Allocation

    The action or process of sharing out something; an amount of a resource assigned to a particular recipient.

  • Allocation of Cost

    To assign or charge an item of cost to one or more cost objectives, either as a direct cost or as a share of an indirect cost pool, based on the relative benefits received or other equitable relationship.

  • Allot

    To divide an appropriation into amounts which may be encumbered or expended during an allotment period.

  • Allowable Costs

    Costs that are recognized by law, regulation, or the contract. (Harney, 1992) A cost that is reasonable.

  • Alpha Test

    1. The first of two different technical or scientific tests, or of two tests involving items designated alpha and beta respectively. 2. Chiefly Computing. A test of a product in course of development, carried out by the developer in-house before the product is made publicly available for beta testing. (OED Online)

  • Alphanumeric

    Consisting of or employing both letters and numerals; designating coding of this kind in computing. (OED Online)

  • Alternate Bid (Response)

    1. A substitute bid. 2. A bid submitted with an intentional substantive variation to a basic provision, specification, term, or condition of the solicitation.

    See Also: Alternative (Alternate) Bid/Proposal

  • Alternate Service Delivery (ASD)

    CANADIAN An agency's process of looking at new ways of delivering some of its services, frequently by Contracting to Suppliers for services that were previously provided in-house.