A supplier refuses to provide a ‘fixed price’ for a piece of equipment

Question

A supplier refuses to provide a ‘fixed price’ for a piece of equipment. They insist on an ‘ROM’ (Rough Order of Magnitude) price that will be finalised when the equipment has been manufactured. How would you plan this negotiation?

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A supplier refuses to provide a ‘fixed price’ for a piece of equipment

review the accepted file formats for the written plan and supporting documentation: .PDF Word (.DOC or .DOCX) .JPG OR .JPEG.

How can it explain the possible downward adjustment in efficiency wages especially in the recession?

A supplier refuses to provide a ‘fixed price’ for a piece of equipment