These items are typically bid and the lowest prices that can meet the schedule of the project will win the contract.
A) Deliverables
B) Project infrastructure resources
C) Customized goods
D) Specialized equipment
E) Commodities

Question

Quizplus · Accepted Answer

Commodities are typically bid based on the lowest prices that can meet the project schedule, as they are standardized goods or products. The prices of other items such as project infrastructure resources, specialized equipment, and customized goods may be influenced by factors such as quality, availability, and uniqueness, which may not solely be based on the lowest possible price. Deliverables are typically defined in the project scope and may not be subject to competitive bidding as the project team is responsible for meeting those requirements.

These Items Are Typically Bid and the Lowest Prices That