Pronunciation: /prəˈkjʊrmənt lɔː/
noun a word that refers to a person, place, thing, event, substance, or quality
A1 Procurement law helps regulate how government agencies buy goods and services.
A2 Understanding procurement law is important for businesses that want to bid on government contracts.
B1 Procurement law aims to ensure fair competition and transparency in the purchasing process.
B2 Violating procurement law can result in serious consequences, such as fines or contract termination.
C1 Lawyers specializing in procurement law provide valuable advice to companies navigating complex bidding processes.
C2 The intricacies of procurement law require a deep understanding of contract law and government regulations.
formal Understanding procurement law is essential for government agencies to ensure transparency and fairness in the bidding process.
informal If you want to win a government contract, you better brush up on procurement law.
slang Knowing the ins and outs of procurement law can give you a leg up in snagging that government deal.
figurative Procurement law acts as the referee in the game of government contracts, ensuring a level playing field for all parties involved.
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