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Procurement Acronyms

CANU (Contract Award Notification Update)

CANU (Contract Award Notification Update)

CANU (Contract Award Notification Update)

CANU stands for Contract Award Notification Update and is defined as a formal notification required when any changes are made to an existing contract. This includes changes to the negotiated agreements, payment terms, and related documentation between parties that are part of the original agreement. The purpose of CANU is to ensure that all stakeholders are notified of any new information or updates throughout the course of the contract’s duration.

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