An entity may engage in procurement by means of request for proposals with consecutive negotiations where the procuring entity:
- needs to consider the financial aspects of proposals separately and only after completion of examination and evaluation of the technical, qualitative and performance characteristics of the proposal; and
- determines that consecutive negotiations with suppliers or contractors are needed to ensure that the financial terms and conditions of the procurement contract are acceptable to the entity.
- (sometimes referred to as the "Rank-and-Run NRFP" or simply an "NRFP") This format allows for a more flexible open competition procurement process where proposals will be ranked on price and non-price factors. The top ranked proponent is invited to negotiate the final contract. If those negotiations fail, the institution can proceed to negotiate with the next-ranked proponent.