Commercial
Government Functional Standard, GovS 008: Commercial, Version: 2.0, published by HM Government in September 2021, defines commercial as a: ‘Commonly used term in central government to describe broad procurement and commissioning activities.’ It defines a commercial system as: ‘A technology system designed and used specifically for commercial use.’
Functional Standards Common Glossary, published by the Cabinet Office, defines commercial as a: ‘Commonly used term in central government to define broad procurement activity, but does not include wider commercial activity including income generation for the purposes of this document.’
It suggests that a commercial pipeline: '...provides an ongoing view of commercial activity so that sufficient time and resources can be allocated to develop commercial strategies, make recommendations and act upon them.'
And that commercial specialists are: 'Staff, of any rank, with particular expertise in the undertaking of specialist commercial activities...'
See also:
- Commercial building.
- Commercial Litigation.
- Commercial manager.
- Commercial pipeline.
- Commercial property.
- Commercial risk.
- Commercial style.
- Commercial waste.
[edit] Related articles
- Contract.
- Framework.
- Portfolio.
- Procurement.
- Tender.
- Value.
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