DPS (Dynamic Purchasing System)
The Dynamic Purchasing System (DPS) is a method of public procurement used by governmental entities to ensure the delivery of quality goods, services, and works at competitive prices. The DPS framework functions as an electronic open market platform, where suppliers are able to submit bids for contracts in real-time on approved supplier lists. By engaging with multiple providers in this way, buyers can access the best possible goods or services at the best value for money.