How does ICU negotiate price quotes?
ICU uses a competitive bidding process whereby the market forces vendors to be more efficient and give us their most fair prices each time. By most fair we mean a price with a reasonable profit based on the spec. When we ask for a quote we are supplying a spec so we want to know how much the factory can legitimately sell the item we want. With multiple vendors quoting, we are able to enjoy the cost benefits of vendors in need of more production and our quotes are always the very best available for the specific time.
