During competitive bidding, companies draw up and submit detailed specifications for the requested product and which of the following?
A)Discount structure
B)Escalator clauses
C)Legal Contracts
D)Sealed bids

Question

Quizplus · Accepted Answer

During competitive bidding, companies submit sealed bids along with detailed specifications for the requested product. This ensures that all bids are kept confidential until the deadline, promoting fairness and transparency in the bidding process.

During Competitive Bidding, Companies Draw Up and Submit Detailed Specifications