negotiated contract
McGraw-Hill Science & Technology Dictionary:
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negotiated contract
(nə′gō·shē′ād·əd ′kän′trakt)
(industrial engineering) A purchase or sales agreement made by a United States government agency without normally employing techniques required by formal advertising.
McGraw-Hill Dictionary of Architecture & Construction:
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negotiated contract
A building contract in which the amount of the contract sum is established by agreement between the owner and the contractor, rather than by putting the work out to bid.
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McGraw-Hill Science & Technology Dictionary
McGraw-Hill Dictionary of Scientific and Technical Terms. Copyright © 2003, 1994, 1989, 1984, 1978, 1976, 1974 by McGraw-Hill Companies, Inc. All rights reserved.
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