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Standstill period
- 26 mayo, 2016
A period in which a process is put on hold to allow another party or parties to take action. In the PPP context, it typically refers to either:
· a mandatory period of time required between the award of a contract and the signing of that contract to allow for any challenge to the award decision
· a contractually agreed period of time in which one party must refrain from taking specified forms of action.