Procurement What is procurement? What is it in the land of small businesses? This is a term that is used to describe the process of bidding and winning a contract with government - town, city, county, state, federal. On the flipside, there are procurement departments who have to create these contracts and get them posted publicly; then they have to review all the things. I've been told that it's a race to the bottom regarding rates/pricing, which is why you see such shoddy wo