What type of memorandum would typically document negotiation outcomes?

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The Price Negotiation Memorandum (PNM) is the most appropriate document to capture the outcomes of negotiations specifically related to pricing. This type of memorandum is structured to detail the key points discussed during negotiations, including the rationale for the agreed price, any adjustments made, and the terms that were ultimately accepted by both parties. It serves as an official record that not only documents what was negotiated but also clarifies the reasoning behind the decisions made during the negotiation process. This is particularly important for future reference and compliance, as it provides transparency and justifies the price in the context of the overall contract.

Other documents, while potentially relevant in certain contexts, do not focus specifically on the pricing aspect as the PNM does. For instance, a Negotiation Outcome Memo might cover broader negotiation topics beyond just price, whereas a Contract Review Memo typically addresses the terms and conditions of the entire contract rather than the negotiation outcomes themselves. A Final Agreement Memo, on the other hand, would usually encapsulate the final terms of the agreement rather than the specifics of how those terms were negotiated. Thus, the PNM is the most relevant and specific document for recording negotiation outcomes related to pricing.

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