post tender negotiations
Definition
Discussions between a principal (client or contractee) with the prospective suppliers (contractors), after the receipt of tenders (bids) but before the award of contract. These negotiations are supposed to be confined to clarification of any points, price changes are normally ruled out.
Popular 'Agreements & Contracts' Terms
post tender negotiations in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/post-tender-negotiations.html







