The temporary association of two or more businesses to secure and fulfill a procurement bid award.
Joint Venture
Journal Vouchers
The standardized, regulated form for logging business transactions and their monetary value into the accounts of the accounting journal as either debits or credits. Journal entries must balance (with equal debit and credit values) and most are backed up by a receipt, a bill, an invoice, or some other direct record of the transaction, making it easy to record and to maintain traceability for each transaction.
Justification
Substantive documentation supporting a vendor, price, or product selection.