Transcription of PROCUREMENT GUIDANCE
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PROCUREMENT GUIDANCE
Negotiations and Best and Final Offer (BAFO) Use of Negotiations and BAFO in PROCUREMENT of Goods, Works, and Non-consulting Services PROCUREMENT GUIDANCE Published February 2018 First Edition Copyright 2018 The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: Disclaimer This work is a product of the staff of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent.
• Enhance competition amongst Bidders/Proposers who have made a Bid/Proposal submission; • Create competitive tension amongst highly motivated Bidders/Proposers, which means the procurement process can be concluded quicker as Bidders/Proposers may be more willing to accept a …
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