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_ is a method of procurement where a contract results from a bid which may be changed through bargaining.

 

A. Acquisition

B. Purchase negotiation

C. None of the other alternatives apply

D. Procurement

E. Contract negotiation

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Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2016/07/03
Mohamed Helal
par Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL

Thanks for invitation....I endorse answers given by colleagues &Experts

Ahilan R
par Ahilan R , Scientific Assistant-D , Nuclear Power Corporation of India Ltd (NPCIL)

Option -  E Contract Negotiation

Krishna   KHASANIS  PMP
par Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

It is E - Contract negotiation ( or procurement negotiation ) .

VINAY KUMAR GOSWAMI
par VINAY KUMAR GOSWAMI , Partner , 2MI

Option -  E Contract Negotiation

(Option B is only meant to confuse people. The KEY DIFFERENCE between contract negotiaion and purchase negotiation is that it can not change the T&C's of contract like penalities, discretions/ non-doscretions, penalties, SLAs for service/ product performance. It can only negotiate around pricing & payments logistics or minor variation in delivery schedule (within the permissible limits of project slack) - e.g. Contract list that vendor will receive payment of X% on certain milestone or will receive payment against Goods receipt. Now purchase negotiaion can happen around1. Credit Period of payment2. Mode of Payment - via direct bank transfer or via LC  (Letter of Credit) release3. Logistics for service delivery etc.

Utilisateur supprimé
par Utilisateur supprimé

Agree with Mr Md. Fazlur Rahman.

The correct answer is 

E. Contract negotiation

Md Fazlur Rahman
par Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

E. Contract negotiation......................................

mamoun mokhtar
par mamoun mokhtar , general manager , albyan technical foungary

if the contract is already gone for bids and signed then after all it is not possible to change any item of the contract or to  bargain it for other bidders may protest ,only non official minor changes can happen by mutual understanding and at the personal relation level

sardar mardookhy
par sardar mardookhy , Head of portfolio management department , MCI

E. Contract negotiation...

is my option,...thanks

Eng Ahmed Elsharkawy
par Eng Ahmed Elsharkawy , Civil Engineering Project Manager , Altwijry office

thanks for invition ,,,,,,,,,, my choice is option E

Ramzi SAMRI
par Ramzi SAMRI , Industrial engineer , Institut für Betriebliche Bildungsforschung Berlin (IBBF)

Thanks, E is the suitable answer.

Omar Sbeitan
par Omar Sbeitan , General Manager , Tamween Catering Co, Al Baraka Holding

negotiated with reasonable limits

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