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.



F

Further competition

Once you have selected the commercial agreement that meets your needs you can ask the suppliers listed to bid. This process is called a ‘further competition’.

Find out more about further competition.

This is replaced by award with competition under the Procurement Act 2023.

R

RFP further competition

It provides buyers the capability to invite potential suppliers to submit a business proposal, through a bidding process, for the supply of a commodity, service, or asset. RFP Further competition is where customers want to engage with multiple suppliers so they can see each supplier’s proposal and pricing before making a decision on who to award the contract too.