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Which of the Following Is True About a Request for Quote

Question 51

Multiple Choice

Which of the following is true about a request for quote?


A) The process of developing a quote in response to an RFP can be very expensive for the bidder.
B) The project team should not issue an RFP to a company that is not eligible to win the bid.
C) The type of materials or service is not well defined.
D) The bidder that can meet the project quality and schedule requirements usually wins the contract by quoting the lowest price.
E) It accounts for price but focuses on meeting the project quality or schedule requirements.

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