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Inside Network Security Assessment: Guarding Your IT Infrastructure by David Kim, Michael Gregg

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Procurement Terminology

Depending on the type of organization, procurement laws, mandates, and regulations may apply given the organization’s jurisdiction. Most laws require that the U.S. federal government, state governments, county, and municipal governments purchase products or services especially in public bidding and procurement situations such as Invitation to Bids, Request for Proposals, or Request for Quotations. This is also true of the Canadian federal government and provincial governments within Canada. Most corporations, whether privately held or publicly traded, are not subject to procurement laws, mandates, or regulations. When purchasing professional services, be sure to work with your purchasing department to understand the purchasing ...

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