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The requirement for a review of proposals and price negotiation before awarding a contract to an audiovisual contractor is essential in ensuring that the selected vendor meets the specific needs of the project while also providing a competitive price. This process typically involves evaluating the submissions from various contractors, allowing the procurement team to assess factors such as technical capability, experience, and pricing structures.

Negotiating the terms and costs of the contract ensures that the expectations of both parties are clearly defined and can lead to cost savings or adjustments that may benefit the project. Price negotiation can also establish the scope of work, payment terms, delivery schedules, and any specific requirements the contractor must meet.

While other processes such as public announcements, project plan submissions, and background checks may be relevant in specific contexts or vary by organization, the review of proposals and negotiation directly relate to selecting the most suitable contractor based on both qualitative and quantitative criteria, which is a crucial step before any formal agreement is signed.