Skip to content

Latest commit

 

History

History
15 lines (11 loc) · 1.25 KB

good-faith-negotiations.md

File metadata and controls

15 lines (11 loc) · 1.25 KB
Error in user YAML: (<unknown>): mapping values are not allowed in this context at line 6 column 10
---
title: good faith negotiations
date: 2006-08-29 14:58
category: terminology
tags: IFC
slug: good-faith-negotiations
summary: : a documented process of negotiation and outcomes that generally involves: willingness to engage;  provision of relevant information; exploration of issues of importance; mutually-acceptable procedures for negotiation;  willingness to change from one's initial position; and sufficient time for decision making.
---

The term good faith negotiations refers to documented process of negotiation and outcomes that generally involves: (i) willingness to engage and availability to meet at reasonable times and frequency; (ii) provision of relevant information; (iii) exploration of key issues of importance; (iv) use of mutually acceptable procedures for negotiation; (v) willingness to change initial position and modify offers where possible; and (vi) provision of sufficient time for decision making.

References