RFI, RFP, RFQ & tender documents · Specialist
Dynamic purchasing system
Also called: DPS
ELI5
An electronic procurement arrangement that remains open to qualifying suppliers under applicable rules.
Used in conversation
“Can we circulate dynamic purchasing system with the assumptions and open questions marked?”
Pitch context
You will see “Dynamic purchasing system” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches rfi, rfp, rfq & tender documents.
Why it matters: In rfi, rfp, rfq & tender documents, a loose definition can change rights, obligations, approval, disclosure or enforceability.
Caution
Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.
Sources & evidence · 3
Direct term-level sources and supporting source families.
- U.S. Acquisition.gov — Federal Acquisition Regulation Part 15 — Contracting by NegotiationDirect source · primary · checked 2026-08-16
- UK Government — Groceries Supply Code of PracticeDirect source · primary · checked 2026-08-16
- U.S. Bureau of Labor Statistics — Productivity programmeSupporting source family · primary · checked 2026-08-16