A supplier's firm offer not revocable within time allotted, according to federal code.
A hospital materials manager writes that he is having a problem with a supplier trying to renege on an offer to sell that the supplier had stated would be held open for 60 days. In this dialogue, Dr. Decker reviews the concept known as the firm offer and offers some suggestions for gaining the most from it.
Decker
R
R
D003132:Commerce / Q000331:legislation & jurisprudence*; D003284:Contract Services / Q000331:legislation & jurisprudence; D011682:Purchasing, Hospital / Q000331:legislation & jurisprudence*; D013997:Time Factors; D014481:United States