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What happens when a supplier’s offer (response to a request) is accepted?

Depending on the option that was selected for ending the request process, a new purchase order or a new contract can be created from the agreed terms and pricing establish during the negotiation process.

Additional new purchase orders or a new contracts can also be created with one or more of the other suppliers that were involved in the sourcing event if the option to keep the sourcing event active is chosen. Each supplier’s unique request response form details will be used to determine the terms and pricing of the additional final document(s).