competitive negotiation

Definition

Tendering method (used as an alternative to competitive bidding) in which a request for proposals (RFP) is sent only to qualified contractors or suppliers. The RFP details the scope, specifications, and terms and conditions of the proposed contract and the criteria for evaluating the bids. Then separate negotiations are carried out with each bidder whose bid falls within the preset competitive range. The process concludes with the award of contract to the bidder who offers most advantageous price, quality, and service combination.

单词	competitive negotiation
释义	competitive negotiation Definition Tendering method (used as an alternative to competitive bidding) in which a request for proposals (RFP) is sent only to qualified contractors or suppliers. The RFP details the scope, specifications, and terms and conditions of the proposed contract and the criteria for evaluating the bids. Then separate negotiations are carried out with each bidder whose bid falls within the preset competitive range. The process concludes with the award of contract to the bidder who offers most advantageous price, quality, and service combination.
随便看	ex post ex post evaluation ex post facto exposure exposure assessment exposure concentration exposure draft exposure level exposure limit exposure pathway exposure route exposure units express agreement express authority express bill of lading (B/L) express contract express notice express repudiation express term express trust express warranty expropriation expunge ex quay ex rights