procurement

(redirected from Competitive bid)
Also found in: Thesaurus, Medical, Financial, Encyclopedia.

pro·cure

 (prō-kyo͝or′, prə-)
v. pro·cured, pro·cur·ing, pro·cures
v.tr.
1. To get by special effort; obtain or acquire: managed to procure a pass.
2. To bring about; effect: procure a solution to a knotty problem.
3. To obtain (a sexual partner) for another.
v.intr.
To obtain sexual partners for others.

[Middle English procuren, from Old French procurer, to take care of, from Latin prōcūrāre : prō-, for; see pro-1 + cūrāre, to care for (from cūra, care; see cure).]

pro·cur′a·ble adj.
pro·cur′ance, pro·cure′ment n.

procurement

(prəˈkjʊəmənt)
n
1. the act or an instance of procuring
2. (Commerce) commerce
a. the act of buying
b. (as modifier): procurement cost; procurement budget.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.procurement - the act of getting possession of something; "he was responsible for the procurement of materials and supplies"
acquisition - the act of contracting or assuming or acquiring possession of something; "the acquisition of wealth"; "the acquisition of one company by another"
Translations
hankintaostaminen
beszerzés

procurement

[prəˈkjʊəmənt]
A. Nobtención f
B. CPD procurement agency Nagencia f de aprovisionamiento
procurement price Nprecio m al productor

procurement

[prəˈkjʊərmənt]
napprovisionnement m
procurement of equipment and supplies → approvisionnement en équipements et fournitures
defence procurement → l'approvisionnement de la défense
modif [process, rules] → d'approvisionnement; [budget] → d'approvisionnement

procurement

nBeschaffung f; (of release)Bewirkung f; (of prostitutes)Beschaffung f

procurement

[prəˈkjʊəmənt] n (of goods) → rifornimento, approvvigionamento
References in periodicals archive ?
The statute requires that Medicare replace the current fee schedule payment methodology for selected DMEPOS items with a competitive bid process.
In December 2015, Congress passed the Patient Access and Medicare Protection Act (S.2425), which provided a one year delay in the application of Medicare competitive bid pricing for complex rehab power wheelchairs and accessories to keep fees from rising anywhere from at least 10% to 34%.
This was the first time that gas was allocated through an international competitive bid and Engro Fertilizers was awarded this gas in a transparent and competitive bidding process involving four local and international parties.
It changes the method of setting DMEPOS payment amounts by replacing the current fee schedule payment with a competitive bid process.
The Round One competitive bidding process resulted in average savings of 26% compared to the prices Medicare would have paid for the competitive bid items under the existing DMEPOS fee schedule in 2008.
The $7.6 million JTRS Handheld radio contract awarded through competitive bid to Thales Communications Corp., is considered an "interim solution," said Capt.
Comair managers say the airline's ability to offer a competitive bid depends on whether it wins concessions from its unions.

Full browser ?