Procurement glossary
Plain explanations of procurement terms, with practical examples and official sources.
CPV
The EU classification for the goods, works and services that are the subject of public contracts.
GlossaryOCDS
A data standard for publishing structured information about contracting processes, including planning, tenders, awards and contracts.
GlossaryOCID
An Open Contracting identifier used to connect publications about the same contracting process.
GlossaryContract notice
A publication announcing a procurement opportunity or competition under a stated procedure.
GlossaryAward notice
A publication reporting an award decision or contracting outcome.
GlossaryLot
A separately defined part of a procurement that can have its own scope, requirements or award.
GlossaryFramework agreement
An arrangement establishing terms for future contracts or call-offs over a defined period.
GlossaryESPD
A standardized self-declaration used in EU procurement concerning exclusions and selection conditions.
GlossaryAward criteria
The stated basis used to compare admissible offers and choose an award.
GlossaryStandstill period
A prescribed waiting period associated with an award decision before contract conclusion under the applicable regime.
GlossaryExpression of interest
A response expressing interest and typically providing qualifications for a stated procurement or selection stage.
GlossaryEstimated value
The value estimated for a defined procurement scope, with the currency and basis specified by the source.
GlossaryUNSPSC
A classification of products and services used in procurement and commerce.
GlossaryNAICS
A classification of business establishments by economic activity used in North America.