Dictionary of Procurement Terms

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Search Results: 91-100 of 131 results for “D”

  • DISO

    CANADA

    See Also: Departmental Individual Standing Offer (DISO) Number

  • Disparagement

    Making malicious or false statements of fact as to the quality or performance of an organization’s product. (Business, 2002)

  • Disposable Income

    After tax income of households; personal income less personal taxes. (Schiller, 2000)

  • Disposal

    1. To remove an item of inventory or a capital asset from an organization in accordance with disposal and accounting procedures. 2. The disposition of assets or inventory.

  • Disposal Cost

    The expense of removing inventory or assets from an organization. (ISM, 2000)

  • Disposal Value

    1. The estimated value of excess or surplus property prior to actual disposal. 2. The proceeds obtained from a sale of surplus property.

  • Disposition

    Transferring, trading-in, selling, or destroying goods that are excess property, surplus property, or scrap.

  • Dispute

    A contractual disagreement or misunderstanding between contracting parties specific to contract provisions or language. Contract remedies are normally sought through pre-established administrative procedures. When a resolution cannot be achieved, the parties may resort to alternative dispute resolution or litigation.

    See Also: Protest

  • Dispute Panels

    A form of Alternative Dispute Resolution (ADR) that uses one or more neutral or impartial individuals who are available to the parties as a means to clarify misperceptions, fill in information gaps, or resolve differences over data or facts.

  • Disputes Resolution Officer (DRO)

    Designated individual within the agency to resolve business disputes between the agency and its bidders, proposers, and responders.