Which of the following best explains 'supplier award criteria'?
A) Criteria used to evaluate the detailed supplier proposal.
B) Criteria used to evaluate the initial supplier proposal.
C) Criteria used to evaluate the costs.
D) Criteria used to evaluate the quality.

Question

Which of the following best explains 'supplier award criteria'? 
A) Criteria used to evaluate the detailed supplier proposal. 
B) Criteria used to evaluate the initial supplier proposal. 
C) Criteria used to evaluate the costs. 
D) Criteria used to evaluate the quality.

Quizplus · Accepted Answer

Supplier award criteria are the standards or benchmarks used to assess the detailed proposals submitted by suppliers in response to a request for proposal (RFP). These criteria help in comparing and evaluating the different aspects of each supplier's proposal to make an informed decision.

Which of the Following Best Explains 'Supplier Award Criteria