Home > Term: multi-year procurement (MYP)
multi-year procurement (MYP)
A procurement of more units than the current year requirement. The total purchase is divided into segments which are annually budgeted and funded; however, the contractor is protected from cancellations through clauses in contracts.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Military
- Category: Missile defense
- Company: U.S. DOD
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- mf1967
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(Oklahoma, United States of America)