Tunetoy Industries will be bidding on a turnkey project in Saudi Arabia.What advice would you give Tunetoy?
A)You may be asked to post a performance bond.
B)Be sure your bid is the lowest.
C)It is likely that hundreds of competitors will be submitting final bids.
D)All of the above

Question

Quizplus · Accepted Answer

Posting a performance bond is a common requirement for turnkey projects in Saudi Arabia, and Tunetoy should be prepared to do so if necessary.

Answer: C
 It is likely that there will be a large number of competitors bidding on the project, and Tunetoy should be aware that they will be facing significant competition.

Therefore, the answer is D as both A and C are applicable.

Tunetoy Industries Will Be Bidding on a Turnkey Project in Saudi