GUIDANCE NOTES ON MANAGING NEGOTIATIONS RISKS TO BE MITIGATED IN NEGOTIATIONS The following risks may occur in negotiation processes: a) Inflation of Prices by vendors . UNDP may be seen by the vendors as a buyer that frequently negotiates prior to contract award and vendors may decide to increase their initial prices in order to provide buffer amounts for any price reduction or additional work …
Content Type: Document
Document Type: Guide
Policy Area: Procurement
Policy Chapter: Evaluation of Offers and Pre-award Negotiations
Policy: Pre-Award Negotiations