CONTRACT NEGOTIATION

Project Management Glossary

Project Management — Contract Negotiation

 

 

 

 

 

 

Argos Home

 

 		 
 


Information on Contract Negotiation

Contract negotiation occurs at the beginning of the acquisition phase of a project when the customer has selected a preferred tenderer and wishes to negotiate terms and conditions to establish an agreed contract that will cover the project. Normally only one tenderer is chosen for contract negotiation, although parallel negotiations may be undertaken with a number of tenderers. Contract negotiation is an important activity as the resultant contract will dictate the events for the remainder of the acquisition.


Other topics in our resources on Project Management related to Contract Negotiation include: 
 
  • Tender
  • Negotiation
  • Request for Proposal (RFT)
  • Solicitation
    		•
  • Contract Award
  • Tender Evaluation
  • Invitation to Bid (IFB)
    		•
  • Request for Quotation (RFQ)
  • Request for Tender (RFT)
  • Source Selection
  • Invitation to Register Interest (ITR)

    •  

    If you wish to nominate other entries for our glossaries, please contact Argos Press. Please contact Argos Press to seek permission to broadcast, adapt, reproduce and communicate our content (such as this glossary entry on Contract Negotiation). © Argos Press Pty Ltd, Canberra, 2003-2004. All rights reserved.