In contract management, what does the term 'intentional deception' refer to?

The term 'intentional deception' in contract management specifically refers to fraud. This involves deliberate actions taken to deceive another party, typically for personal or financial gain. In the context of contracts, this can occur through false representations, misstatements, or withholding critical information, leading to a breach of trust and potentially causing significant financial and legal repercussions.

Fraud undermines the integrity of the contracting process, as it can result in contracts being entered into under false pretenses. It is essential for contract managers to be aware of the signs of fraud and implement measures to prevent it, ensuring transparency and fairness in all dealings.

In contrast, methodical bidding processes, contract negotiation tactics, and performance evaluations do not involve the aspect of intentional deception. Instead, these are standard practices aimed at achieving effective and fair outcomes in the contracting domain.