The bid/no-bid decision is the decision made by the
A) contractor as to whether to prepare a proposal or not.
B) customer to issue an RFP.
C) customer to award a winner from the proposals received.
D) contractor to maintain a relationship with a potential customer.

Question

Quizplus · Accepted Answer

The bid/no-bid decision is a decision made by the contractor on whether to prepare a proposal for a project or not. It involves a carefully considered evaluation of the project's requirements, scope, timeline, budget, and other factors to determine if it aligns with the contractor's capabilities, capacity, and strategic goals. The contractor may decide not to bid on a project if it does not meet certain criteria, such as minimum profitability, acceptable risk, or alignment with company values. It is an important decision that can impact the contractor's reputation, revenue, and growth opportunities.

The Bid/no-Bid Decision Is the Decision Made by the