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

M

Most Economically Advantageous Tender

The Most Economically Advantageous Tender (MEAT) is a method of assessment that buyers can use during the evaluation process to award the contract based on other aspects (such as the best quality) rather than just the best price.

Under the Procurement Act 2023, this method has been replaced by Most Advantageous Tender (MAT).