Competitive Negotiation

Competitive Negotiation

Definition

In competitive negotiation, the government issues a request for proposals (RFPs) and then selects the best-value proposal, with or without prior negotiation, in accordance with a range of price-based and non-price-based factors. Competitive negotiation is the method the government most often employs to select contracts for supplies and goods.

Get full access FREE

With a 7-Day free trial membership
Here's why 745,000 law students have relied on our key terms:
  • A complete online legal dictionary of law terms and legal definitions
  • Over 7,900 key terms written in plain English to help you not only understand the law but master it
  • The premier online law dictionary built specifically for law students
  • Easy access in class or on the go, accessible both online and through the Quimbee mobile app
  • Reliable - written by legal professors and practitioners
  • Get instant access to all related rules of law to any specific key term with a Quimbee Study Aid plan

Get full access FREE

With a 7-Day free trial membership