Best and Final Offer Clause Samples

Best and Final Offer. The State may request best and final offers from those Respondents determined by the State to be reasonably viable for contract award. However, the State reserves the right to award a contract on the basis of initial proposals received. Therefore, each proposal should contain the Respondent’s best terms from a price and technical standpoint. Following evaluation of the best and final offers, the State may select for final contract negotiations/execution the offers that are most advantageous to the State, considering cost and the evaluation criteria in this RFP.

Best and Final Offer. If best and final offers (BAFO) are requested by the State and submitted by the contractor, they will be evaluated (using the stated BAFO criteria), scored, and ranked by the Evaluation Committee. The State reserves the right to conduct more than one Best and Final Offer. The award will then be granted to the highest scoring contractor. However, a contractor should provide its best offer in its original proposal. Contractors should not expect that the State will request a best and final offer.

Best and Final Offer. The State reserves the right to request BAFO’s. Bidders should provide its best offer in its original bid. Bidders should not expect that the State will request a BAFO.

Best and Final Offer. The County may request best and final offers from those Vendors determined by the County to be reasonably viable for contract award. However, the County reserves the right to award a contract based on the initial Bid received. Therefore, each Bid should contain the Vendor’s best terms from a price and technical standpoint. Following evaluation of the best and final offers, the County may select for final contract negotiations/execution the offers that are most advantageous to the County, considering cost and the evaluation criteria in this RFB.

Best and Final Offer. Respondents will not submit cost proposals for this RFP. HHSC will establish the Capitation Rates for each Program and Service Area in accordance with the methodology described in Attachment A, “Uniform Managed Care Contract Terms and Conditions,” Article 10, “Terms and Conditions of Payment.” HHSC may, but is not required to, permit Respondents to prepare one or more revised offers for services. For this reason, Respondents are encouraged to treat their original proposals, and any revised offers requested by HHSC, as best and final offers of services.

Best and Final Offer. During evaluation process City reserves the right to request a best and final offer upon completion of negotiations.

Best and Final Offer. The State reserves the right to solicit Best and Final Offers (BAFOs) from Vendors, principally in situations in which proposal costs eclipse available funding or the State believes none of the competing proposals presents a Best Value (lowest and best proposal) opportunity. Vendors that remain in a competitive range within evaluation may be requested to tender Best and Final Offers, at the sole discretion of the State. All such Vendors will be provided an equal opportunity to respond with a Best and Final Offer under a procedure to be defined by the State that encompasses the specific, refined needs of the project, as part of the BAFO solicitation. The State may re-evaluate and amend the original project specifications should it be deemed necessary in order to improve the opportunity for attaining Best Value scenarios from among the remaining competing Vendors. All BAFO proceedings will be uniformly conducted, in writing and subject to solicitation by the State and receipt from the Vendors, under a precise schedule.

Best and Final Offer. The Best and Final Offer means the Design-Builder's best and final offer for a Work Order Package.

Best and Final Offer. Vendor’s proposal shall be their best and final offer although deviations may be addressed and Vendor’s TIPS Pricing may be updated as provided for herein.