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Gatekeeper Contract and Vendor Management Glossary

Search common contracting language and take a deeper dive to discover what each means

Glossary > B

Bona Fide

Latin, meaning 'in good faith'. 

This implies obligations will be fulfilled and the contract will be dealt with honestly and fairly. 

All parties go forward with faith that all benefits will be realised and that the contract won't be terminated for any reason. 

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