Standstill period definition

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Standstill period

Standstill period logo #21000 The ``Alcatel`` mandatory standstill period is a period of at least ten calendar days following the notification of an award decision in a contract tendered via the Official Journal of the European Union, before the contract is signed with the successful supplier(s). Its purpose is to allow unsuccessful bidders to challenge the decision before...
Found on http://en.wikipedia.org/wiki/Standstill_period
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