Part manufactured under a recognized quality assurance programme and, in the case of replacement, produced to meet or exceed the performance of the original part produced by the original equipment manufacturer (OEM). NOTE ISO 9001 is an example of a recognized quality assurance programme. [ISO 10417].
Source: API SPEC 14A, Specification for Subsurface Safety Valve Equipment, Eleventh Edition, October 2005 (Reaffirmed June 2012). Global Standards