Equivalent capability

The concept of evaluating and accepting alternative solutions, products, or services that may not exactly match the specified requirements in the contract but are deemed to be equal in terms of performance, quality, and functionality

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Discover the world’s largest Glossary of Procurement terms

With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.