See if you can complete this crossword using common procurement terms.
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Across
Procurement processes using web-based applications
The idea that the more information disclosed about a business, financial or economic activity, the better.
Unexpected or uncontrollable events, including those caused by nature, that can impact a contract.
Receipt of goods transported and delivered to the consignee.
Written modification to a contract or purchase order
Standard article of commerce in the form of material goods, supplies or products.
Law based on custom and usage, or confirmed by court decision
National Institute of Government Purchasing
A detailed, written description of the requirements for the project contained within a RFP.
Conferring, discussing, or bargaining to reach agreement in business transactions.
The ability of an asset to be converted into cash.
The amount of money moving into and out of a business.
To prohibit a seller/contractor from bidding on future requirements for cause for a certain amount of time.
The payment of something of value to an individual with the goal or persuading or influencing his or her decision.
Down
Actions taken to avoid having to pay some sort of financial cost.
An invitation for bids, a request for proposal, or any document used to obtain bids or proposals for the purpose of entering into a contract.
To protect against hurt or loss; to exempt from incurred penalties or liabilities.
A point of reference used in measuring an organizations or business unit's performance.
Only one vendor can supply the commodities, technology, or perform the services required.
The practice of pooling or grouping smaller purchases to leverage purchasing power.
A wrongful act
A written account or itemized statement, or merchandise shipped or services performed.
The actual expenses incurred in delivering a product, service, or construction; included direct and indirect cost, but does not include profit for the vendor.
The situation resulting when the quantity demanded exceeds the quantity supplied of a good or service.
The omission or failure to perform a legal or contractual duty.
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