Procurement: What is CPV?

Can anyone explain what CPV stands for?

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The “Common Procurement Vocabulary”, was introduced by DG Internal Market and Services of the European Commission. It contains more than 5,000 product codes and is used in TED to identify relevant products. The updated list of CPV codes is available on the CD ROM S or from the SIMAP Web site, section Codes and Nomenclatures – CPV. here: http://simap.ted.europa.eu/