Dictionary of Procurement Terms

Welcome to the NIGP Online Dictionary of Procurement Terms, the comprehensive reference for public purchasing terms and concepts.

Search the Dictionary of Terms

Search Results: 171-174 of 174 results for “A”

  • Award by Group

    A contract award that can be made to multiple suppliers based on the lowest total price for all items within a specific group. The public entity may group items by classification, commodity code, category, or geographic zone in its best interest. This method allows the public entity to target a logical grouping of bid items to a supplier for contract management purposes. Also known as Class Award.

  • Award Item by Item

    A contract award that may be made to multiple suppliers as each item is awarded typically on the basis of the lowest unit price when being utilized in the bid process. This method offers the best pricing to the public entity, but requires significant contract administration if multiple suppliers are selected for award. Also referred to as Line Item Award.

  • Award Protest

    A written objection made against the selection methods employed or decisions made by a public agency leading to the award of a contract or purchase.

    See Also: Protest, Bid Protest

  • Award Value

    CANADA The monetary amount of the contract, in Canadian dollars, when awarded.