Price negotiation, definition
Examples of Price negotiation, in a sentence
Price negotiation shall be allowed only where the price offered by the lowest evaluated and substantially responsive bidder substantially exceeds costs estimates.
If the United States Department of Health and Human Services designates a Licensed Product as a Selected Drug subject to Maximum Fair Price negotiation, then, as between the Parties, AbbVie shall have the sole right, in its sole discretion, to conduct such negotiations, and all activities with respect thereto and to control all decisions and interactions with the applicable Governmental Authority(ies) with respect thereto.
Price negotiation with bidders shall not be undertaken before the contract is awarded except as provided in paragraph 6 above.
Subsequent prices are to be agreed according to the following principles: Price negotiation shall be initiated by [month] [day] [year[, and new prices shall be applied as of [month] [day] [year].
Price negotiation shall be allowed only after receiving ADB’s prior concurrence.
Price negotiation with established, third party and/or new vendors to achieve cost containment/reduction; timely and accurate placement of orders with vendors; revision of orders; following up on orders to ensure satisfactory delivery.