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Concept
Contract Award
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Summary
Contract Award
refers to the
Formal decision
by a
Procuring entity
to select a supplier or contractor for the
Provision of goods
, services, or works, following a
Procurement Process
. This decision is based on
Predefined criteria
and marks the beginning of a
Contractual Relationship
between the buyer and the
Selected party
.
Concepts
Procurement Process
Bid Evaluation
Supplier Selection
Contract Management
Public Procurement
Tender Process
Request For Proposal (RFP)
Request For Quotation (RFQ)
Invitation To Tender (ITT)
Contract Law
Competitive Bidding
Negotiation
Award Criteria
Contractual Obligations
Vendor Performance
Government Contracting Process
Bidding Process
Relevant Degrees
International Trade 60%
Contract Law 30%
Accounting 10%
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