Dictionary of Procurement Terms

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  • Confidential Information

    Information, such as trade secrets or test data, which is made known only to those who need to know, only because of a compelling reason. Such information must be protected and is not a matter of public knowledge as may be allowed by public policy or law. Best practice would require that such information be clearly identified and labeled. (Harney, 1992)

    See Also: Proprietary (Information), Trade Secret