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Most Economically Advantageous Tender (MEAT)

A former UK and EU award criterion identifying the best overall value on price and quality, replaced by MAT under the Procurement Act 2023.

An award criterion formerly used in UK and EU public procurement to identify the tender offering the best overall value, based on a weighted assessment of price, quality, and other published evaluation criteria, rather than lowest price alone. Under the UK Procurement Act 2023, MEAT has been replaced by Most Advantageous Tender (MAT).

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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.
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