The formal decision by a buyer or contracting authority to award a contract to the successful supplier following a tender or competitive procurement process. The award is made in accordance with the published evaluation and award criteria, and confirms the supplier selected to provide the required goods, services, or works.
Contract award
The formal decision to award a contract to the successful supplier, made in line with the published evaluation and award criteria.
Useful Links
Related articles
BD, capture and proposal alignment is something most organizations believe they already have, until a deadline exposes where it breaks. At WPS, a Health Solutions Company, the three functions were moving in parallel but not in sync, and the cost was showing up long before anyone started writing.
Casual drinks with the people who win federal business. Alongside AFCEA LA Space Industry Days.
Related Glossary Terms
The official compilation of permanent U.S. federal laws, providing the statutory basis for many contracting requirements.
A global classification system used to categorize products and services for procurement and spend analysis.
A unique 12-character identifier assigned via SAM.gov to organizations doing business with the federal government, replacing the DUNS number.
See how VisibleThread transforms
t your RFP process.
t your RFP process.