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

• Framework

F

Framework agreement

Framework agreements may contain lots that further split the framework into specific parts for buyers to choose from. They can choose to buy from multiple lots or an individual lot. There are different ways to buy from a commercial agreement (see direct award and further competition).

Framework schedules

Framework schedules are a set of contractual documents, which a supplier agrees to, before they are added to an agreement to supply products and services.