A study of annual salary
numbers or hourly wage figures for a given
industry used to assess an entity's or
business' comparable pay structure and
Money paid to an employee by an
employer in exchange for work.
The intentional or voluntary
relinquishment of a known right that warrants
an inference that the right has been
relinquished. Examples of waivers in supply
management may include a waiver of certain
contract requirements such as delivery dates,
testing requirements, and performance
Waiver of Bids
A process, usually statutory,
whereby a procurement department may
source items without formal bidding
Waiver of Minor Irregularity or Informality
of disregarding minor errors or technical
nonconformance in the offer that will not
adversely affect the competition or prejudice
one offeror in favor of another.
A structure used for the storage of
material that provides protection against
theft, damage, or deterioration.
Credit used for requisitioned
supply or supplies found to be in excess of
requirements and that must be returned to a
An instrument showing that
the signer has possession of certain
described goods for storage, obligating the
signer to deliver the goods to a specified
person, or to that person’s order, or bearer,
upon return of the instrument.
A document prepared by
a department or entity to remove items
stocked in inventory from a warehouse.
The performance of the
administrative and physical distribution functions incidental to and required in the
conduct of the storage activity.