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: 51-60 of 353 results for “C”

  • Cents per Hundredweight (Cwt.)

    Transportation/carrier rates are quoted in Cwt., which is determined by dividing the actual weight in pounds by 100.

  • CERCLA


    See Also: Comprehensive Environmental Response, Compensation and Liability Act (CERCLA)

  • Certificate of Compliance

    A document submitted by a supplier or manufacturer that provides the buyer with a written affidavit that the goods or services delivered fulfill the contractual requirements.

  • Certificate of Damage

    A supply management document prepared by the receiver of goods, establishing that the material delivered and received was damaged and includes a detailed description of the damage and the number of items damaged. May be used to file a damage claim with the carrier.

  • Certificate of Non-Collusion

    A document that may be required, usually by public purchasers, affirming that the bid/proposal is made freely and without collusion with another bidder/proposer. Sometimes included in the template of the solicitation.

  • Certificate of Origin

    A document required by customs officials that identifies the country of origin of the imported goods, and is certified by a U.S. consular official.

  • Certificates of Deposits (CDs)

    Savings accounts that guarantee a depositor a set interest rate over a specified interval as long as the funds are not withdrawn before the end of the period—generally, six months or one to five years. (Business, 2002)

  • Certification of Cost and Pricing Data

    Contractor certification that to the best of the contractor’s knowledge and belief, the cost or pricing data submitted was accurate, complete, and current as of a mutually determined date prior to the date of the pricing of any contract, change order, or modification.

  • Certified Check

    A financial instrument whose value is guaranteed by the financial institution upon which the check is drawn. In some cases, may be used in lieu of a bid bond as a form of bid guarantee.

  • Certified Professional Contracts Manager (CPCM)

    A certification issued to qualified individuals by the National Contract Management Association.