Dictionary of Procurement Terms

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  • Negotiation Team

    A group of people, typically including a procurement officer, project manager, technical staff, financial analyst, and legal expert who have the essential skills or knowledge necessary to reach a sound agreement. This team can determine the most appropriate type of contract; terms of the contract; special warranty or delivery provisions; technical and engineering specifications; subcontractors needed, as well as other negotiable goals. The complexity of the negotiation will determine the size of the team. A negotiation team is usually selected for a major acquisition and may include some or all members of the evaluation committee.

    See Also: Evaluation Committee/Team