Glossary

We understand that procurement can be confusing. Organisations often use different terms to describe the same thing. With that in mind, 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

• specification

P

Procurement specification

A specification can be defined as a ‘statement of needs or requirements’. It is a document that presents potential suppliers with a clear, accurate and full description of the buying organisation’s needs. Suppliers can use this document to make informed decisions on whether to propose a solution to meet those needs and bid for the contract.

The specification is usually part of a bid pack.

For more information read ‘how to write a specification’.