Which of the following is not a prerequisite to bidding?
A) Specifications must be clear
B) Price is not the only important variable
C) Market must consist of an adequate number of sellers
D) Sellers must be qualified and want the contract
E) Time available must be sufficient

Question

Quizplus · Accepted Answer

Price not being the only important variable is not a prerequisite to bidding. Bidding processes often focus on various factors including price, but the statement that price is not the only important variable does not represent a prerequisite for the bidding process itself. Prerequisites typically involve clear specifications, an adequate number of sellers, qualified sellers desiring the contract, and sufficient time, all of which are essential for a competitive and fair bidding process.

Which of the Following Is Not a Prerequisite to Bidding