Common use of Best and Final Offer (BAFO) Clause in Contracts

Best and Final Offer (BAFO). At the conclusion of negotiations, the offeror(s) may be asked to submit in writing, a Best And Final Offer (BAFO). After the BAFO is submitted, no further negotiations shall be conducted with the offeror(s). The offeror’s proposal will be rescored to combine and include the information contained in the BAFO. The decision to award will be based on the final evaluation including the BAFO.

Appears in 2 contracts

Samples: Old Dominion University Standard Contract, Old Dominion University Standard Contract

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Best and Final Offer (BAFO). At the conclusion of negotiations, the offeror(sOfferor(s) may be asked to submit in writing, a Best And Final Offer best and final offer (BAFO). After the BAFO is submitted, no further negotiations shall be conducted with the offeror(sOfferor(s). The offerorOfferor’s proposal will be rescored to combine and include the information contained in the BAFO. The decision to award will be based on the final evaluation including the BAFO.

Appears in 2 contracts

Samples: Old Dominion University Standard Contract, Convocation Center Management Services Agreement

Best and Final Offer (BAFO). At the conclusion of negotiations, the offeror(s) may be asked to submit in writing, a Best And Final Offer best and final offer (BAFO). After the BAFO is submitted, no further negotiations shall be conducted with the offeror(s). The offeror’s proposal will be rescored to combine and include the information contained in the BAFO. The decision to award will be based on the final evaluation including the BAFO.

Appears in 1 contract

Samples: Contract Modification Agreement

Best and Final Offer (BAFO). At the conclusion of negotiations, the offeror(s) may be asked to submit in writing, a Best And Final Offer (BAFO). After the BAFO is submitted, no further negotiations shall be conducted with the offeror(s). The offeror’s proposal will be rescored re-scored to combine and include the information contained in the BAFO. The decision to award will be based on the final evaluation including the BAFO.

Appears in 1 contract

Samples: Standard Contract

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Best and Final Offer (BAFO). At the conclusion of negotiations, the offeror(sOfferor(s) may be asked to submit in writing, a Best And Final Offer best and final offer (BAFO). After the BAFO is submitted, no further negotiations shall be conducted with the offeror(sOfferor(s). The offeror’s Offeror(s) proposal will be rescored re-evaluated to combine and include the information contained in the BAFO. The decision to award will be based on the final evaluation including the BAFO.

Appears in 1 contract

Samples: procurement.vcu.edu

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