Which of the following is the criterion for bid solicitation?

Question

Quizplus · Accepted Answer

Bid solicitation is the process of requesting bids from potential contractors or vendors who are interested in providing services or products to the purchaser. The criterion for bid solicitation includes evaluating the bidder’s qualifications, experience, performance history, and pricing information. Allowing the purchaser to discuss possible employment with the contractor is not directly related to the criterion for bid solicitation. Containing false statements or falsifying the bid log is unethical and can lead to legal consequences. Withdrawing low bids is not a criterion for bid solicitation but rather a decision made by the purchaser during the evaluation phase.

Which of the Following Is the Criterion for Bid Solicitation