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GLOSSARY

Procurement definition

What does Procurement mean?

A method of obtaining materials or craftsmen for projects and building work.

Procurement is the general term used for obtaining prices and reaching a point at which a contract can be placed. This can be either for services or goods. Public Procurement is the process put in place in accordance with EU guidelines for fair and non-collusive tendering processes used by public bodies and others regulated by the law in this area.

Construction

A method of obtaining materials or craftsmen for projects and building work.
Procurement is the general term used for obtaining prices and reaching a point at which a contract can be placed. This can be either for services or goods. Public Procurement is the process put in place in accordance with EU guidelines for fair and non-collusive tendering processes used by public bodies and others regulated by the law in this area.

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Discover our 24 Checklists on Procurement

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Discover our 155 Practice Notes on Procurement

Dive into our 115 Precedents related to Procurement

See the 22 Q&As about Procurement

Read the latest 88 News articles on Procurement