Selected sellers

Below are the description of all the uses of the working document “Selected sellers”:

“Selected Sellers” is an output for the process “Conduct Procurements “.
The selected sellers are those who have been judged to be in a competitive range based upon the outcome of the proposal or bid evaluation, and who have negotiated a draft contract that will become the actual contract when an award is made. Final approval of all complex, high-value, high-risk procurements will generally require organizational senior management approval prior to award.

This definition was found in the PMBOK V5

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