Beauty Parade

From Handwiki

A beauty parade is a synonym for a formal presentation given to a panel in response to a request for tender.[1] This presentation is predominantly oral but may also include a PowerPoint presentation.[2] Beauty parades are now commonplace in the United Kingdom for the provision of legal services where the final fee is likely to be more than 20,000 pounds.[3] The name is an ironic reference to the beauty pageant, suggesting that the tenderer may choose a company for reasons other than important facts.

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Categories: [Procurement]


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☰ Source: https://handwiki.org/wiki/Finance:Beauty_parade | License: CC BY-SA 3.0

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