Provide fixed price for piece of equipment

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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? Please give as many details as possible. Make it a 200 word post at least.

Reference no: EM13902868

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Provide fixed price for piece of equipment : 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? Please give as many..

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