Defense Procurement Terms (B)

BASIC RESEARCH :

experiments/tests at laboratories on basic scientific laws and adaptedness ...

BASIC TECHNOLOGY :

technology fields utilised in order to have sub-systems relevant to technol ...

BEARER VALUABLE PAPER :

every kind of bill of which bearer/holder is understand from bill’s text or ...

BENEFICIARY :

given right in favour of; a person who collects cost of bill in bill of exc ...

BENEFICIARY :

A beneficiary (also, in trust law, referred to as the cestui que use) in th ...

Beneficiary :

Seller firm, drawer (exporter) in whose favour the credit is opened (issued ...

BID / OFFER :

for tenders to be carried out in accordance with relevant act, enactment an ...

BID BOND / TEMPORARY LETTER OF GUARANTEE :

it is a guarantee letter that is given by banks and private finance institu ...

BILL OF FOREIGN CURRENCY SALE :

It is a document that is given by negotiating bank which proves the transfe ...

BILL OF LADING :

it is a document that given by carrier or agency to shipper and supplying d ...

BILL TO ORDER (PROMISSORY NOTE) :

bill of debenture payable at sight, bond. A promissory note is a written pr ...

BLANKET ORDER :

It is a requirement which is not detailed as item but of which aim is certa ...

BONA FIDES/GOODWILL :

good faith, goodwill.

BUDGET PRE-DIRECTIVE :

a directive is to start preparations of composing budget proposal in accord ...

BUDGETING :

it is a process to determine to where, for what purpose and how much possib ...

BUILDING CONTRACTOR :

real or legal persons or joint ventures, who gives an offer to construction ...

BUILDING INSTALLATION :

It refers to installation of water, electricity, natural gas, fuel oil, hot ...

BUILDING SURVEY :

It refers determining digital information of current situation of land on g ...

BUILDING-FACILITY :

All types of structure used for military aims and services including suppor ...

BUSINESS EXPERIENCE CERTIFICATE :

they are documents that prove professional experiences of tenderer about wo ...

Buyer :

Governmental and/or NATO Organization that enters into a contractual relati ...

BWB PURCHASES :

They are purchases/procurements, which is NATO contractual, made according ...