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Best and Final OfferIn negotiations, one or other of the parties declares that this is as far as they can go and it is up to the other to accept, or reject and "walk away". [D02408]
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Best and Final OfferBest and final offer [BAFO] refers to a multi-stage procurement process, in which written offers from bidders are subject to clarification and/or negotiation, and then the bidder[s] are invited to sub [..]
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Best and Final OfferSee Final Proposal Revision.
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