Best and final offers (BAFOs)
Why this creative procurement approach should be used in Canada
In Canada, best and final offers are almost as scarce as hen’s teeth. The best and final offer (BAFO) step, is a widely used procurement technique in many jurisdictions, above all in Europe and the United States. In Canada, BAFO is sometimes considered a form of bid repair, which may be true in a Contract A setting, and if the BAFO step was not expressly anticipated in the request for proposals (RFP). But, where the
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