Glossary

We understand that procurement can be confusing and organisations often use different terms to describe the same thing. 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 agreement

F

Framework agreement

Frameworks provide public and third sector buyers with a way to buy goods and services from a list of pre-approved suppliers. They have agreed terms and conditions and legal protections.

PCR 2015 regulations

You can buy from a PCR 2015 regulations framework through:

• direct award
• further competition

Procurement Act 2023

Under the Procurement Act 2023 a framework refers to both:

• closed frameworks
• open frameworks