The reputation of the company that announced the RFP should be evaluated as a factor as well as the reputation of the contractor when making a bid or no-bid decision.

Question

Quizplus · Accepted Answer

The reputation of both the company issuing the RFP and the contractors bidding on it should be taken into consideration when making a bid or no-bid decision. A reputable company will be more likely to have a legitimate and well-defined project, while a reputable contractor will have a track record of delivering quality work on time and within budget. It is important to ensure that both parties have a positive reputation in the industry to reduce the risk of project failure.

The Reputation of the Company That Announced the RFP Should