Dictionary of Procurement Terms

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Search Results: 121-130 of 174 results for “A”

  • Antitrust Violations

    Violations of federal or state laws that regulate trusts, cartels, or business monopolies by limiting or prohibiting non-competitive business practices. (Garner, 2004)

  • APC


    See Also: Average Propensity to Consume (APC)

  • APDM


    See Also: Alternative Project Delivery Method (APDM )

  • APICS


    See Also: American Production and Inventory Control Society (APICS)

  • APL (Approved/Acceptable Products List)


    See Also: Qualified Products List (QPL), ABL (Approved Brands List), Acceptable Products List (APL)

  • Apparent Agency (a.k.a. “estoppel agency”)

    An agency relationship whereby the principal’s conduct implies that an agent has authority to act on the principal’s behalf and thereby the principal becomes bound to and responsible for what the agent signs or does. (Garner, 2004)

  • Apparent Authority

    Occurs when a principal allows or permits a person to function in a capacity that creates the illusion that the person is an authorized agent of the principal. (Garner, 2004)

    See Also: Actual Authority

  • Apparent Low Bidder

    The label used for a bidder that has been determined to have provided the lowest price in a bid or quote, prior to determination of whether the bid is responsive and from a responsible bidder.

  • Appeal

    1. Challenge to an agency that asks for a decision to be reviewed and changed 2. Resort to a superior (i.e., appellate) court to review the decision of an inferior (i.e., trial) court or administrative agency. (Garner, 2004)

    See Also: Appeal Process, Appeal Rights

  • Appeal Process

    The method defined in bid documents, code, or law that dictates the manner in which a party may file an appeal regarding an official decision. The appeal process may vary among different public agencies.

    See Also: Appeal, Appeal Rights