GLOSSARY OF TENDER TERMS
Note: I have left out entries for UK government departments and so forth, because they change so often. However, that information is readily available on government websites.
Alcatel period A ‘cooling off’ period of at least 10 days after the notification of an award before the contract is concluded. Allows unsuccessful bidders to challenge the award decision. Named after a pair of linked European Court cases known as the Alcatel case. Formally known as the ‘standstill’ period.
BAFO Best and final offer.
BEM Business excellence model.
BV Best value.
CIPS Chartered Institute of Purchasing and Supply.
Competitive Dialogue An interactive EU procurement procedure (see Chapter 8) for developing complex solutions.
CPC Central ...