Some question about the renegotiation function in SRM Contract (GOA)

[Former Member]

Hi All Expert,

We are on SRM 5/4.6, there is a question about the renegotiation function in SRM GOA.

Can we renegotiate the price for some parts in the GOA items with this function ( e.g. Only renegotiate one item in the contract) ?

Will the item price updated automatically after the renegotiation?

Many thanks in advance!!!

Wendrin

[former_member206968 · Accepted solution]

Hi,

When you use renegotiate functionality, system creates a follow-on Bid invitation.Inside this bid invitation you can delete your items which you don't want and publish. After receiving and accepting bids, you can update the existing contract items with new prices.

Regards,

Sanjeev

[Former Member · Accepted solution]

Hi Sanjeev,

Many thanks for your help.

One more question, if I add a new item when we renegotiation, will it be transfered to contract and create a new item after that?

Thanks and best regards

Wendrin