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Best and Final
| last edited by: Dave Garrett on Nov 22, 2006 1:45 AM | login/register to edit this page |
 Best and Final is a vendor's best offer, reached at the end of a negotation. This is an offer that the contracting company can accept or reject with no expectation of a counter offer. At the end of a bidding process sometimes vendors who are considered the finalists are asked to give a best and final bid. The contracting company then make s final selection based in part on that input.
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| last edited by: Dave Garrett on Nov 22, 2006 1:45 AM | login/register to edit this page |
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If trees could scream, would we be so cavalier about cutting them down? We might, if they screamed all the time, for no good reason. - Jack Handey |