Provision (Contracting)
From Handwiki Short description: Written term or condition used in a solicitation
In United States government contracting, a provision or solicitation provision is a written term or condition used in a solicitation. A solicitation provision applies only before a contract is awarded to a vendor.[1] This distinguishes provisions from clauses, which apply after contracts are awarded (and possibly before).
References
- ↑ Title 48, Federal Acquisition Regulations System; Chapter 1, Federal Acquisition Regulation; Subchapter A, General; Part 2, Definitions of Words and Terms; Subpart 2.1, Definitions, accessed 28 October 2021
See also
- The Government Contracts Reference Book: A Comprehensive Guide to the Language of Procurement, Third Edition, Softcover, Ralph C. Nash Jr., Karen R. O'Brien, Steven L. Schooner, Vernon J. Edwards, pages 99 and 466
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Categories: [Contract law]
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☰ Source: https://handwiki.org/wiki/Finance:Provision_(contracting) | License: CC BY-SA 3.0
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