3.3.15 Contract Commitment Offer Category

Contract Commitment Offer Category indicates whether the pricing and terms of a contract commitment are based on a standard, publicly accessible offering or have been specifically brokered through private negotiation.

Contract Commitment Offer Category has two possible values: Public and Negotiated. Public denotes terms and pricing that are generally available to all customers via a service provider's standard rate card or portal. Negotiated denotes terms and pricing that have been specifically modified through an agreement between the customer and the service provider.

ContractCommitmentOfferCategory MUST adhere to the following requirements:

• ContractCommitmentOfferCategory MUST be of type String.
• ContractCommitmentOfferCategory MUST NOT be null.
• ContractCommitmentOfferCategory MUST be one of the allowed values.

• Use Public as your baseline for market comparison.
• Use Negotiated to track the efficacy of your procurement team's discount efforts.

Sensitivity Note: Records marked as Negotiated often fall under non-disclosure agreements (NDAs). This field can serve as a metadata tag for data masking or access control when sharing reports with third parties.

Indicates whether the pricing and terms of a contract commitment are based on a standard, publicly accessible offering or have been specifically brokered through private negotiation.