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Provision (contracting)

Topic: Finance

 From HandWiki - Reading time: 1 min
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

  1. ↑ 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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