oboloo Glossary

Procurement Types

oboloo Glossary

Procurement Types

Procurement Types are the categories of goods, services, and works that a procurement team may acquire when they need to fulfill a requirement. Engaging with multiple suppliers or contractors is often necessary in order to locate specific types of materials, obtain solutions to complex needs, or source the right labor-hour estimates for a project. Procurement Types are usually identified by the product category or service required, such as hardware & software, professional services, construction works, or utility services.