Open Procurement definition
Open Procurement means a competitive procurement process open to all qualified and interested bidders.
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Related to Open Procurement
Mis-procurement means public procurement in contravention of any provision of Sindh Public Procurement Act, 2010, any rule, regulation, order or instruction made thereunder or any other law in respect thereof, or relating to, public procurement;
FIRM PROCUREMENT means the agreement between the parties for mutually agreed terms and conditions with commitment of Quantity Ordered.
Public Procurement means the acquisition by any means of goods, works or services by the government;
Procurement item means an item of personal property, a technology, a service, or a construction project.
e-Procurement means the use of information and communication technology (especially the internet) by the Procuring Entity in conducting its procurement processes with bidders for the acquisition of goods (supplies), works and services with the aim of open, non discriminatory and efficient procurement through transparent procedures;