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A procurement contract specifically pertains to the acquisition of goods or services by an organization, often involving terms that govern the sourcing process, quality standards, and delivery schedules. In contrast, an ordinary contract can refer to any agreement between parties that outlines mutual obligations and terms, not limited to procurement. Procurement contracts typically include detailed specifications and compliance requirements, while ordinary contracts may be more general and flexible in nature. Additionally, procurement contracts often follow specific legal and regulatory frameworks applicable to public or private sector purchasing.
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What is difference between procurement and logistic?
Procurement is about buying. Logistics is about transporting.
What is the difference between procrument and purchase?
The difference between purchasing and procurement is that to purchase something with currency or money. Procurement is the obtaining of goods and services through a bartering system.
What is the difference between marriage contract and ordinary contract?
A marriage contract is a prenuptial agreement that outlines certain things or conditions that must be met before one will consent to marriage. Such agreements are usually used if one party is considerably wealthy and doesn't want to be taken advantage of in case of divorce. A marriage contract has no real difference that an ordinary contract other than the circumstances in which it is drawn up and signed.
What is the difference between ordinary and extra ordinary?
EXTRA!!
What is the difference between an ordinary grant and a tied grant?
The difference between a tied grant and an ordinary grant is that a tied grant has conditions and the ordinary grants don't!
What is the difference between ordinary prism and constant deviation prism?
difference between ordinary prism and constant deviation prism
Difference between epc contract and bot contract?
EPC contract is an Engineering, Procurement and Construction contract that comprises entire project starting from designing, planning, procurement from third parties, clearance of goods, delivery, provision of spare parts, erection, commissioning, testing, completion of facility and correction of defects etc. BOT contract is a built, operate and transfer Contract which also comprises total responsibilities to build the entire project and after operating the project, transfer the same to the Owner of the project. Karuna Kumar
What is Difference between Contract and procurement management?
Contract management is the management of contracts made with employees, vendors, partners and customers. Procurement management is where goods and services are gotten from a different organization.
What is the difference between temporary and contract?
temporary/contract work
What is the difference between contract of sell from contract of sale?
"Contract of sell" is just "contract of sale" misspelled.
Difference between Percentage of Completion method and Completed Contract method?
Difference between Percentage of Completion method and Completed Contract method?
What is the difference between E procurement and traditional procurement?
1. A traditional procurement process is a collection of many processes by interacting with other departments of a company or with the supplier. Whereas e-procurement means electronic procurement or online procurement. 2. Traditional procurement can be done by face-to-face, or via telephone. E- Procurement can only be done through online. 3. Traditional procurement is costly E-Procurement is cost effective.
