Record of Negotiations
Q. I have been asked to evaluate a Summary Record of Negotiation and need to know where to find guidance on reviewing Records of Negotiation.
A. The topic of documenting negotiations is covered in the Best Practices Procurement Manual (BPPM), Sections 22.214.171.124 - Pre-Negotiation Plan, and 126.96.36.199 - Memorandum of Negotiation. The Section on Cost and Price Analysis (Section 5.2) also has extensive coverage of pre-negotiation plans. The BPPM is available online.
(Revised: August 12, 2009)