The United States Internal Revenue Service is seeking to purchase new desk-top computers for their offices in Washington,DC.They publish a request for proposals which includes the specifications they are seeking regarding the number of units,processing speed,size of hard drive space and monitor size and invite companies to submit proposals.The company with the lowest price will be awarded the contract.This is an example of
A)competitive bidding
B)negotiated procurement
C)blind purchasing
D)government bidding

Question

The United States Internal Revenue Service is seeking to purchase new desk-top computers for their offices in Washington,DC.They publish a request for proposals which includes the specifications they are seeking regarding the number of units,processing speed,size of hard drive space and monitor size and invite companies to submit proposals.The company with the lowest price will be awarded the contract.This is an example of​
A)​competitive bidding
B)​negotiated procurement
C)​blind purchasing
D)​government bidding

Quizplus · Accepted Answer

The IRS is requesting proposals from companies to compete for the contract based on the specifications provided. The contract will be awarded to the company with the lowest price, which is characteristic of a competitive bidding process.

The United States Internal Revenue Service Is Seeking to Purchase