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

B

Below threshold

Procurements that are below the public procurement thresholds set out in the Public Contracts Regulations 2015 and Procurement Act 2023.

For more information, read the below threshold contracts guidance.