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Prozorro (Ukrainian: Прозоро – transparent, clear) is a public electronic procurement system where state and municipal customers announce tenders to purchase goods, works and services, and business representatives compete for the opportunity to become a state supplier. Prozorro is a result of the collaboration between the Ukrainian ...
In the United States, the processes of government procurement enable federal, state and local government bodies in the country to acquire goods, services (including construction), and interests in real property. [1] Contracting with the federal government or with state and local public bodies enables interested businesses to become suppliers in ...
The Open Document Format for Office Applications (ODF), also known as OpenDocument, standardized as ISO 26300, is an open file format for word processing documents, spreadsheets, presentations and graphics and using ZIP-compressed [6] XML files. It was developed with the aim of providing an open, XML-based file format specification for office ...
Purchasing is the procurement process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations.
Purchasing is the formal process of buying goods and services. The purchasing process can vary from one organization to another, but there are some common key elements. The process usually starts with a demand or requirements – this could be for a physical part (inventory) or a service. [1] A requisition is generated, which details the ...
Open-book contract. In an open-book contract, the buyer and seller of work/services agree on (1) which costs are remunerable and (2) the margin that the supplier can add to these costs. The project is then invoiced to the customer based on the actual costs incurred plus the agreed margin. It is essentially the same as what is known (especially ...
Procure-to-pay. Procure-to-pay (also known as Purchase to Pay (P2P)) is a term used in the software industry to designate a specific subdivision of the procurement process. The P2P systems enable the integration of the purchasing department with the accounts payable (AP) department. Some of the largest players of the software industry agree on ...
Contract awarding. Contract awarding is the method used during a procurement in order to evaluate the proposals (tender offers) taking part and award the relevant contract. [1][2] Usually at this stage the eligibility of the proposals have been concluded. So it remains to choose the most preferable among the proposed.