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.


post tender negotiations is...

Nearby Terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z