BAFO definition
Examples of BAFO in a sentence
When the contracting authority intends to conclude the negotiations, it will so advise the remaining tenderers and will set a common deadline for the submission of any BAFOs. Once negotiations have closed, the BAFO will be compared with the exclusion, selection and award criteria.
BAFO Best and Final Offer BC/DR Business Continuity/Disaster Recovery Booking After the Defendant is placed into custody, the arrest record is made by obtaining all necessary information from the Defendant.
The tenderer whose BAFO shows the best value for money (obtaining the best score based on the award criteria given below) will be designated the contractor for this procurement contract.
The tenderer who’s regular BAFO is the best value for money will be appointed the contractor for this contract.
So, the full contract agreement consists of a procurement contract awarded by Enabel to the chosen tenderer in accordance with: • These Tender Specifications and its annexes; • The approved BAFO of the contractor and all of its annexes; • The registered letter of notification of the award decision; • Any later documents that are accepted and signed by both parties, as appropriate.