oboloo Glossary

Contract Award Notice

oboloo Glossary

Contract Award Notice

Contract Award Notice

A contract award notice is a document that signals the end of the procurement process and the awarding of the contract to a particular supplier. It includes information on the value of the contract, the duration of the agreement, and any important conditions or special requirements. The notice is typically published in a government contracting directory or online database, so that other suppliers are aware of the result of the procurement process.