Physics · Contracts and Tenders
Which of the following statements is incorrect or false regarding a professional 'Tender' process?
- 1Firms are legally prohibited from responding to a formal request for tender.✓
- 2It carries a formal structure suitable for large-scope projects.
- 3The primary objective is to obtain competitive pricing for defined quality work.
- 4Price and quality specifications are primary components of a tender evaluation.
Correct answer
Firms are legally prohibited from responding to a formal request for tender.
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