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Best and Final Offer

   Also found in: Acronyms 0.01 sec.
Best and Final Offer
A contract term for a final proposal submitted by applicants—offerors—in a final—competitive—range after questions from initial peer review with the government are answered


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PROJECT properties seem to be selling well at the moment, as several homes recently featured in our Move & Improve column have sold after best and final offers.
I wouldn't want that being interpreted as asking for best and final offers by that date, but we just want people with a serious interest to say so, and their arrangements for funding, and then we will sit down with our clients.
45 billion, saying this is its best and final offer.
 
 
 
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