Dictionary of Procurement Terms

Dictionary of Procurement Terms

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

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Search Results: 31-40 of 41 results for “U”
  • Unsuccessful Bidder

    A supplier whose bid was not accepted for reasons of price, quantity, or failure to comply with specifications.
  • UPC

  • Upgrade

    To improve the functionality or increase the value of equipment or services.

  • Usage

    The quantity of an inventory item consumed over a period of time expressed in units of quantity or of value in dollars.
  • USC

  • Use Tax

    A tax imposed on a user of goods.
  • Used Equipment

    Previously owned, installed, or refurbished equipment.
  • User Charge

    Fee paid for the use of a publicsector good or service.
  • Using Entity

    1. A department or unit of government that requests goods or services through a central procurement organization. 2. A participant in a cooperative procurement contract.
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