Monday, February 17, 2020

Sealed Bids vs. Competitive Proposals Essay Example | Topics and Well Written Essays - 250 words

Sealed Bids vs. Competitive Proposals - Essay Example In some cases, the contractors are able to change the price of their bids at the last moment as the lowest price gets leaked out. On the other hand, in the competitive proposals, more responsibility rests on the shoulders of the contractor as the entire work methodology is proposed by him rather than the client. It is risky as the competitive proposals are adopted as a method of procurement particularly for very complex projects (quelchnet.com, n.d.). The contractor might not be able to execute the work as the proposed methodology might turn out to be actually more complicated than the contractor had anticipated. â€Å"Through the process of procurement request for proposal, bidders can underscore their experience and expertise in an area† (Conviron, 2011). In addition to that, every contractor submits just one proposal as the submission is followed by negotiation with an evaluation committee chosen by the client if the proposal is deemed acceptable. Since competitive proposal s are more flexible as compared to sealed bidding, information from one contractor might be disclosed to

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.