Awarded

The giving or to order the giving of (something) as an official payment, compensation, or prize to (someone). In construction projects this can refer to any three of the above, but also refer to being awarded a contract, for example an award notice, contract award or pre-contract award.

An award notice is used to describe a public notice that may be required under OJEU procurement rules that notifies interested parties of a contract award and sets out information about the process that led to the award.

The Crown Commercial Service helps the UK public sector get the best value when buying products and services and describe awarded thus "When an agreement is awarded it means we have evaluated all supplier bids and have decided who has been successful. We will onboard successful suppliers and update customers ready for the agreement’s ‘Go Live’ date. Once an agreement is awarded, suppliers can not bid to join the agreement unless it is a Dynamic Purchasing System (DPS)."

[edit] Related articles on Designing Buildings

• Back to back provisions in construction contacts.
• Best value procurement.
• Bid evaluation.
• Compliant bid.
• Contracts under seal v under hand.
• Construction contract.
• Contract award.
• Contract conditions.
• Contract documents.
• Contract negotiation.
• Engrossment.
• ESignatures.
• Guaranteed maximum price.
• Letter of award.
• Most Economically Advantageous Tender (MEAT).
• Negotiated contract.
• OJEU procurement procedures.
• Procurement route.
• Record keeping.
• Sub-contract.
• Tender documentation.
• Tender processes.