In competitive bidding, which bid is usually the one that gets accepted?
A) lowest of all submitted bids
B) the median bid submitted
C) lowest that does not exceed the client's budget
D) the firm with best reputation

Question

Quizplus · Accepted Answer

In competitive bidding, the bid that is usually accepted is the lowest one that does not exceed the client's budget, ensuring cost-effectiveness while meeting project requirements.

In Competitive Bidding, Which Bid Is Usually the One That