finance.wa.gov.au

Website:http://finance.wa.gov.au
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Definitions (55)

1

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validity period


the period of time for which an Offer will remain open for consideration and acceptance by the Contract Authority.
Source: finance.wa.gov.au

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tender briefing


a forum held where a government representative briefs prospective tenderers regarding a tender process, and responds to questions.
Source: finance.wa.gov.au

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tender box


a secure location within which tenders, offers, quotations or bids are placed.
Source: finance.wa.gov.au

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procurement plan


a project management tool that provides a framework for procurement. The procurement plan outlines the key issues that both determine and impact on the procurement strategy and method adopted.
Source: finance.wa.gov.au

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written quotation


a written process of inviting bids to supply goods and/or services involving simple documentation and a limited number of potential suppliers.
Source: finance.wa.gov.au

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verbal quotation


a verbal process of inviting offers to supply goods and/or services involving a limited number of potential suppliers.
Source: finance.wa.gov.au

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tenderer


a party submitting a tender in response to an RFT.
Source: finance.wa.gov.au

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total contract value


the estimated total value of the contract for the entire life of the contract, including extensions.
Source: finance.wa.gov.au

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tender


a document in the form of an offer to supply goods and/or services, usually submitted in response to a public or selective invitation such as a Request or RFQ.
Source: finance.wa.gov.au

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supply policy or supply policies


supply policies issued under and in accordance with section 28 of the State Supply Commission Act 1991.
Source: finance.wa.gov.au


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