Counterproposal

A Counterproposal is a response to an initial proposal, offering an alternative solution or modification. It aims to address the original proposal's shortcomings or to better align with the responder's interests. It often involves a negotiation process, seeking a mutually acceptable outcome that satisfies both parties involved. The Counterproposal may include revised terms, conditions, costs, or timelines, representing a crucial step in reaching an agreement. It essentially restarts the negotiation phase, shifting the discussion from the initial terms to a revised set.

Counterproposal meaning with examples

• After reviewing the company's expansion proposal, the board presented a counterproposal. They suggested a phased approach with smaller initial investments, mitigating financial risk while still achieving the long-term goals. This Counterproposal sparked a series of meetings focused on refining financial strategies and assessing potential setbacks.
• During the labor negotiations, the union submitted a Counterproposal to the management's offer. It included higher wage increases, improved healthcare benefits, and clearer job security clauses. The Counterproposal initiated a prolonged series of discussions aimed at bridging the divide between worker needs and company financial capabilities.
• The potential buyer made a Counterproposal to the seller's asking price for the property. They offered a lower amount based on a recent appraisal, suggesting the incorporation of some needed repairs, along with modified settlement terms. The seller considered this carefully before sending their response.
• In response to the government's environmental regulations, the industry lobby presented a Counterproposal advocating for more flexible compliance deadlines and the option to trade emission credits. This Counterproposal triggered a debate on whether to ease restrictions or ensure public safety over industry profits.