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

Contract award notice

The announcement of a public procurement outcome.

Under the Procurement Act 2023, all buyers must publish a contract award notice to say they intend to award a contract to a specific supplier or suppliers before the optional standstill period. This applies to all above-threshold competitive procurements and awards without competition.

For further guidance, refer to Guidance: Contract Award Notice.

Contract award notice has replaced the award notice used under PCR 2015.