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

• most advantageous tender

M

Most advantageous tender (MAT)

The Most Advantageous Tender (MAT) is a method of assessment that buyers can use to evaluate and award public contracts. The method reinforces that tenders do not have to be awarded on the basis of lowest price, or that price must always take precedence over non price factors.

Under the Procurement Act 2023, MAT replaces the Most Economically Advantageous Tender (MEAT) method that was used under PCR 2015.