Meaning Best and Final Offer
What does Best and Final Offer mean? Here you find 3 meanings of the word Best and Final Offer. You can also add a definition of Best and Final Offer yourself

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Best and Final Offer


In 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]
Source: maxwideman.com

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Best and Final Offer


Best 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 [..]
Source: cips.org

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Best and Final Offer


See Final Proposal Revision.
Source: grants.nih.gov





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