Defense Procurement Terms (I)

IMMEDIATE OPERATIONS REQUIREMENT :

These are the requirements of Turkish Armed Forces, which are unexpectedly ...

IMMOVABLES (IMMOVABLE PROPERTY) :

It refers to materials that are not possible to carry from somewhere to an ...

IMPLEMENTATION OFFICER :

They are the persons who are responsible to have the work fulfilled upon ex ...

IMPROVEMENT/DEVELOPMENT :

They are activities to use scientific knowledge regularly in order to fulfi ...

IN SERVICE AND MAINTENANCE LOGISTIC :

it is a unit carrying on storage, distribution, transportation, maintenance ...

INCOTERMS (INTERNATIONAL COMMERCIAL TERMS) :

Carriage and delivery modes used for international commerce and buyer and s ...

INDIVIDUAL CONTRACT :

It is written contract signed between tenderers and contracting entity for ...

INDUSTRIAL ENTERPRISE/ESTABLISHMENT / ORGANIZATION :

organizations that activate in service area in order to develop software wi ...

INFLATION :

It is the term used to describe a rise of prices constantly and considerabl ...

INFORMED :

learning, awareness, enlightenment.

INNOVATION :

1) developments of science, technology, system, organisations and processes ...

Insolvency :

Indulgence, default (insolvency), lack of authority.

INSPECTION :

determining whether all kinds of goods and service are convenient to featur ...

INSPECTION COMMITTEE :

it is a committee composing of at least three or odd number people for insp ...

INSPECTION METHOD :

methods to be used for inspection to determine qualifications in specificat ...

INSPECTION PERIOD :

it is a period from delivery date of material by contractor to contracting ...

INTERIM AUDIT :

Interim audit is performed in order to prevent any irrevocable defect/error ...

INTERNATIONAL COMPETITIVE BIDDING :

tenders for which NATO countries’ firms are invited that firms express fund ...

INTERREGIONAL PRICE COMPARISON :

As requirement of the same periods of each year, requirement period of each ...

Inventory :

it is a term used to appraise separately amount and value of credits and de ...

INVITATION SPECIFICATION :

It is a specification determining amount, delivery or supply conditions of ...

Irrevocable Letter of Credit :

In conformity with all stated letter of credit conditions, it is a type ...

Issuing Bank (Authorized Bank) :

Bank that issues(opens) letter of credit, it is exporter’ s bank. Issui ...

ITEM NUMBER :

code number supplies current and unit prices recognition.