Meaning of “federal procurement” in the English Dictionary

business-english dictionary

"federal procurement" in Business English

See all translations

federal procurementnoun [ U ]

uk us GOVERNMENT

the buying of goods and services by the US government, especially when all companies have the opportunity to provide those goods and services:

Federal procurement rules are designed to ensure competition and protect taxpayers from abuse and fraud.

(Definition of “federal procurement” from the Cambridge Business English Dictionary © Cambridge University Press)