The project manager wants all of the prospective contractors, who are expected to submit proposals on a new project, to have a clear understanding of the requirements of the procurement. The project manager decides to hold a meeting to describe the upcoming procurement event. What is the best description of this meeting? A. Proposal Evaluation Techniques B. Bidders Conference C. Screening System D. Procurement Negotiations
Question
The project manager wants all of the prospective contractors, who are expected to submit proposals on a new project, to have a clear understanding of the requirements of the procurement. The project manager decides to hold a meeting to describe the upcoming procurement event. What is the best description of this meeting? A. Proposal Evaluation Techniques B. Bidders Conference C. Screening System D. Procurement Negotiations
Solution
The best description of this meeting is B. Bidders Conference. This is a meeting held by the buyer with prospective sellers prior to submission of a bid or proposal. It is an opportunity for all potential bidders to get a clear understanding of the procurement requirements. The other options, Proposal Evaluation Techniques, Screening System, and Procurement Negotiations, do not accurately describe this type of meeting.
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