Tunetoy Industries is competing for a major project with the Indonesian government.It is in the prequalifying phase.It should
A)submit a formal bid.
B)describe similar projects it has completed in the past.
C)post a performance bond.
D)decide soon if the project is of interest to the firm.

Question

Quizplus · Accepted Answer

In the prequalifying phase, Tunetoy Industries should describe similar projects it has completed in the past to showcase their experience and expertise in completing such projects. This will increase their chances of being shortlisted for the project. Submitting a formal bid or posting a performance bond is not required at this stage. And deciding if the project is of interest to the firm is not relevant in the prequalifying phase.

Tunetoy Industries Is Competing for a Major Project with the Indonesian