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A protest in procurement terms refers to a formal written objection raised by an interested party regarding the solicitation process or an award decision. This typically occurs when a bidder or vendor believes that the procurement process was unfair or violated regulations. The protest serves as a mechanism for stakeholders to voice their concerns and seek redress, ensuring a fair and transparent bidding process. This process is crucial because it upholds the integrity of procurement practices, allowing for checks and balances in the competitive environment.

Options related to policy, negotiation, and relationship enhancement refer to other aspects of procurement but do not encompass the specific formal act of objecting to a solicitation or award. A protest is distinctly focused on challenging decisions made during the procurement process, which is why it is characterized as a written objection.