Creating best and final offer

If a supplier was selected as a best and final supplier, then they have an open event response where they must update their bid price. The main menu in Supplier Portal shows an alert indicating that there are Unsubmitted Best And Final offer responses.

  1. Only the suppliers who were selected for best and final offer processing, who submitted pricing amounts, are displayed.
  2. Select My Responses > Unsubmitted Best And Final. Responses that require updated pricing information are displayed. There is a button to view all of the initial Best and Final Responses.
  3. To update a price, select the specific page for line responses. Click the Enter Best And Final Pricing Only button.

    To update all items in a response, click the Enter All Best And Final Information button.

  4. The initial response amounts are displayed on both the analysis pages and the initial responses list.
  5. To clarify which suppliers are required to work on and watch for their responses, the unsubmitted responses are shown in the My Responses section.
    • For submitted or withdrawn responses for open or award pending events, select the Responses Open For Award tab.
    • For events that have been closed or canceled, select the Historical Responses tab.
    • For events pending award but the response was never submitted, select the Historical Responses tab.

    After the Supplier has updated pricing information and submitted their response, the responses can be viewed and awarded in the Analysis pages. Click Analyze best and final to open the Analysis pages.

    The Award process now works the same as it does for any Event.