Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

All of the following are another terms of bidder conferences EXCEPT?

A. Pre-bid conferences

B. Vendor conferences

C. Contractor conferences

D. Screening conferences

user-image
Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2016/08/12
Ahilan R
par Ahilan R , Scientific Assistant-D , Nuclear Power Corporation of India Ltd (NPCIL)

D. Screening conferences seems to be irrelevant

Ghulam Farid
par Ghulam Farid , Contracts Officer , Abu Dhabi Company for Onshore Petroleum Operations (ADCO)

Option D seems right, as it is org internal matter to evaluate the bidders etc

Utilisateur supprimé
par Utilisateur supprimé

Your question is not completed with options as for “all of the following are another terms of….” What are following? This is a question asked in Management College’s question paper with options. But anyway let me answer with terms of Bidder Conference so you can understand except because there are too many except.

 What is Bid?

Indication of willingness to buy or sell goods or services or to undertake a task, at a specific price and within a specific timeframe. to offer aparticular amount of money for something that is for sale and compete against other peopleto buy it, especially at public sale of goods or property.

What is bidder conferences?

The bidder’s conference is a tool and technique of the “Conduct Procurements” process. And develop the procurement documents during the “Plan Procurement Management” process. It is a meeting held by a contractor for all of the vendors to whom the contractor has sent a request for proposal (RFP) or a request for bid (RFB). A bidder’s conference is a meeting that an agency will schedule upon releasing a new bid proposal. The bidder’s conference is designed to give interested and eligible vendors the chance to ask questions regarding the project. Bidder's conferences are a great way to establish report. The bidder’s conference, also called a pre-proposal conference, is usually held at the site where the work for the project will take place. Along with answering questions for potential bidders, a pre-proposal conference will give bidders the chance to visit the work site.

Prospective vendors/sellers often attend the bidder conference in order to fill in these details by asking questions regarding the product of the project. These questions often focus on issues such as the legal and financial requirements, the technical specifications of the product and the time frame for the project. They also attend bidder conferences to assess the competition and their odds of success.

Michelle McCollum
par Michelle McCollum , Chief Operating Office , Williams Title Guaranty and Escrow

Typically when we DO NOT have bidder conferences is when we have what we call "set asides".  These are for small business, women owned, minority or individuals with disabilities who own companies and these are not typically for multiple awards.  Research has been done to determine that there are qualified businesses in an area that can perform these set asides and thus an rfp is issued to support such business that normally would not be able to compete with your larger corporations.

More Questions Like This