Glossary

We understand that procurement can be confusing and organisations often use different terms to describe the same thing. We designed this glossary to make buying with us and navigating our website easier. It is not designed to be an extensive list of all procurement terms.



Containing

D

Dynamic markets

Dynamic markets are not contracts themselves but they give you a list of approved suppliers to choose from when you need to buy something.

Learn how to buy through a Dynamic Market.

Learn how to supply through a Dynamic Market.

This commercial tool replaces Dynamic purchasing systems (DPS) used under PCR 2015.

Dynamic market notice

A notice that buyers publish when a dynamic market:

  • is to be established
  • has been established
  • is changed or updated
  • ends