Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Invitation to Negotiate (ITN)”
  • Invitation to Negotiate (ITN)

    A competitive negotiation process that is used when the procurement authority deems it is in their best interest to negotiate with proposers to achieve “best value.” A form of source selection that is similar to the Request for Proposals process. A short list of acceptable proposers is created. Two negotiation methods are allowed: Single negotiation and concurrent negotiation.