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

D

Dynamic Purchasing System (DPS)

Dynamic Purchasing System (DPS) is an electronic tool that is used to buy common goods and services. They are similar to framework agreements, but suppliers can join at any time during the agreement’s life and is 100% electronic.

Find out how to become a supplier on a DPS.

Find out how to buy through a DPS.

Under the procurement act 2023 this is replaced by dynamic markets.