- Thank you for visiting Alabama’s Immigration Information Center. The State of Alabama welcomes diversity and has a long-standing tradition of encouraging economic.
- Government procurement in the United States is the process by which the Federal Government of the United States acquires goods, services (notably construction), and.
- Title: A Guide to Developing Procurement Bylaws Author: TRUONGMY Description: This is the version that was sent to the Minister's office. The MNDM contact info was.
This encourages contractors to finish early by (1) offering bonuses for early completion and (2) assessing fines for late completion. Law): Developed by the American Bar Association (ABA) and adopted in 1. State and larger local governments have individually codified it into procurement law and policy to effectively guide their procurement organizations. The code was updated in 2. Electronic Commerce, Cooperative Purchasing, Flexibility in Purchasing Methods and Processes for Delivery of Infrastructure Facilities and Services. Also called Model Procurement Code.
ABA Model Procurement Ordinance for Local Governments (U. S. Law): A code similar to the ABA Model Procurement Code, but intended for use by small local jurisdictions.
ABC: Canadian Aboriginal Businesses Canada, a division of Industry Canada.
BioPreferred Partner Spotlight: Verdezyne We are grateful for the participation of hundreds of companies currently taking part in the USDA BioPreferred Program. Agreement Between the Government of Canada and the Government of the United States of America on Government Procurement. THE GOVERNMENT OF CANADA and THE. Grant award stimulating research at health professional academic institutions with not more than $6 million per year of NIH support in total costs in each of four or.
Welcome to the Wage Determinations OnLine Program! This website provides a single location for federal contracting officers to use in obtaining appropriate. As the person conducting the procurement your responsibilities are to: Know your internal procedures and who the person responsible for posting is.
For some agencies, the ABC of categories is based on the dollar value of the items. The use of the terms . Location of specific items in the inventory may also be denoted by the ABC Classification system. The ability to produce something with fewer resources than other producers would use to produce the same thing. A monopoly that exists when a country is the only source of an item, the only producer of an item, or the most efficient producer of an item.
Also see Comparative Advantage. This is based on the notion that business investment depends on the rate of growth of aggregate output.
If the economy is expanding, then the business sector invests in more capital goods to produce the extra output needed.
(www. Accept:
- To receive as approved, adequate, or satisfactory. The vendor offers a discount or other incentive to encourage the buyer to accept the non- conforming goods and when the buyer then accepts them, it is done with consideration of non- conforming goods. Example: Buyer contracts for black color garbage bags and the vendor ships clear garbage bags in error. Example: Buyer contracts for 3 mil plastic garbage bags but the supplier mistakenly ships 2 mil gauge thickness bags instead. When the buyer accepts, knowingly or unknowingly, the non- conforming goods and uses them, it is done without any further consideration from the supplier to offset the lower quality of the plastic garbage bags that was sent to the buyer.
Acceptable Products List (APL): A pre- approved list of commodities/products, usually grouped by manufacturer, which have proven to be in conformance with developed specifications and standards.
The list may result from performance testing of the product or as a result of field testing or laboratory analysis. Also see Qualified Products List (QPL) and Approved Brands List (ABL).
Acceptable Quality Level (AQL): The specified minimum performance that must be achieved by a product or service to assure the buyer that the goods or services will perform as per the specifications or stipulations contained within the statement of work. The maximum allowable number of defects or defective units. A predetermined quality level which has been deemed as being acceptable; generally used in the manufacturing of material items.
Example: AQL of 1% defective rate is acceptable for this item. Also see Acceptance Sampling.
Acceptance:
- Indication that an offeree is bound by the terms of the offer. Also see Acceptable Quality Level (AQL).
Access to Information Office: Canadian A facility within Canadian governments for information regarding contract awards.
Access to Information Program (ATIP): Canadian Mandated by the Access to Information Act and the Privacy Act, this program gives any person in Canada the right to access information held in government records, subject to certain exceptions and limitations.
Also see Accountability.
Accountability: The principle that employees who accept an assignment and the authority to carry it out are answerable to a superior or a higher authority for the outcome. An accounting function that is responsible for the collection and deposit of payments received on open customer accounts for goods and services sold.
Accredited Purchasing Practitioner (A.
P. P.): A certification given to qualified individuals by the Institute of Supply Management (ISM). Using this system, transactions are recognized at the time they are incurred, as opposed to when cash is received or spent. This method of accounting is the most commonly used, especially among governmental entities. All agencies in the United States and Canada require an encumbrance and a receipt before payment can be authorized by demanding procedural separation between the ordering of goods and services; encumbrance of funds; and authorization of payment. Also see Cash Basis Accounting.
Acid Test Ratio: A financial ratio calculated by subtracting the value of inventory from the current asset amount and dividing by current liabilities. It may be a form of acceptance and may create a bilateral contract. It may also be a form of counter- offer from the seller to the buyer.
Also see Battle of the Forms.
ACORD (Association of Cooperative Operations Research and Development): A non- profit association whose mission is to facilitate the development and use of standards for the insurance and reinsurance industry. ACORD is the focal point for providing standard insurance forms that meet all regulatory requirements for the U. S. Total acquisition cost may include indirect labor and overhead costs. The costs associated with generating and processing an order including administrative costs is also included. The price level, or value of the supplies or services, to be purchased under a contract. Also see Carrying Cost.
Acquisition Fee: Canadian The amount billed to cover the cost of initiating a contract.
Acquisition Price: The amount paid to a vendor or contractor for the goods or services obtained.
Act of God: An unforeseen occurrence beyond human control, caused by nature, such as a tornado or hurricane. Not attributable to the negligence of the contractor.
Also see Force Majeure. May be cause for contract termination and usually appears in the general conditions or boilerplate section of the solicitation. Also see Apparent Authority. This is in contrast to .
When damages, which have been suffered by someone as a result of another. Examples of actual damages are: loss of income because of an injury; medical expenses; costs of repairing damaged property; and specific business losses occurring because of a breach of a contract.
ADA: See American with Disabilities Act.
Ad Hoc Committee: A committee created for a specific purpose that is in place for a short period of time.
They are now being replaced by cross- functional teams in a less formalized setting. Addendum/Addenda may be issued following a pre- bid/pre- proposal conference or as a result of a specification or work scope change to the solicitation. In this context, the seller presents a . Proposals may be rated using such terms as Outstanding, Highly Acceptable, Excellent, Good, Fair, and Poor. Also see List Price.
Administrative Change: A unilateral change to a contract in writing, that does not affect the substantive rights of the parties, such as a change in the address to which an invoice is mailed.
Administrative Law: Rules, regulations, and executive orders promulgated by governmental administrative or regulatory agencies. Generally enacted to make statutes and ordinances more specific. Has the force and effect of law.
Administrative Remedies (exhaustion of): The completion of the process of direct appeal to a governmental body as defined by the governmental bodies.
When all procedures for review of the appeal by public officials have been followed and the relief sought by the appealing party still has not been obtained to that party. The appealing party may seek legal action through the courts. Customs duty (rate) that is generally charged on the value of goods irrespective of weight or other material considerations. Generally expressed as a percentage of the value of the goods as indicated on an invoice or bill of materials. Also see Partial Payment and Progress Payment.
Advanced Contract Award Notice (ACAN): Canadian A notice of intent to solicit a bid and negotiate with a single firm. Other suppliers are not invited to bid on these requirements but can forward letters of intent indicating their interest before the closing date.
Notice of bidding requests will then be solicited from letters of interest that have been received. An affidavit may be required as part of a bid or request for proposal solicitation. A plan designed to increase the number of minority employees at all levels within an organization.
- A process of taking special or unusual steps to assure that businesses owned by specified minorities and/or women will have equal access to the purchasing process and will obtain an appropriate share of awards.
In public procurement, this designation is usually incorporated into statute and ordinance. Empowered to act for another. Also see Principal, Buyer and Law of Agency. Personal gain obtained through an agreement established and intended to be on behalf of taxpayers that is unacceptable and taints the behavior of public professionals acting as stewards of the public trust.
Aggregate: To gather or collect quantities of a specific item (product or service) in order to achieve savings by leveraging economies of scale. An enabler of the economic theory that the larger the quantity the smaller the unit price.
- Indication that an offeree is bound by the terms of the offer. Also see Acceptable Quality Level (AQL).