Business Pitch Dictionary by pitch.dog
Procurement evaluation & award · Specialist

Standstill period

Also called: Alcatel period

ELI5

A mandatory waiting period between award notification and contract signing in some regimes.

Used in conversation

“Counsel wants standstill period clarified before anyone signs.”

Pitch context

You will see “Standstill period” in operating plans, procurement packs, supplier reviews and supply-chain reports when the discussion reaches procurement evaluation & award.

Why it matters: In procurement evaluation & award, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.