Monday, June 17, 2019
Sealed Bids vs. Competitive Proposals Essay Example | Topics and Well Written Essays - 250 words
Sealed Bids vs. Competitive Proposals - Essay ExampleIn approximately cases, the contractors are able to change the price of their bids at the last moment as the lowest price gets leaked out. On the other hand, in the competitive proposals, to a greater extent responsibility rests on the shoulders of the contractor as the entire work methodological analysis is proposed by him rather than the client. It is risky as the competitive proposals are adopted as a method of procurement particularly for very complex projects (quelchnet.com, n.d.). The contractor big businessman not be able to execute the work as the proposed methodology might turn out to be actually more complicated than the contractor had anticipated. Through the process of procurement request for proposal, bidders can underscore their welcome and expertise in an area (Conviron, 2011). In addition to that, every contractor submits just one proposal as the submission is followed by negotiation with an military rating commi ttee chosen by the client if the proposal is deemed acceptable. Since competitive proposals are more flexible as compared to sealed bidding, information from one contractor might be disclosed to
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