What is a bidder conference? - ProProfs Discuss
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What is a bidder conference?



A. A meeting of prospective bidders
B. A meeting of the bidders on the shortlist
C. A meeting of the sellers who are being awarded bids
D. A meeting of team members to discuss the strengths of each potential bidder

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Asked by AlyssaH, Last updated: Jul 12, 2020

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2 Answers

Matz Lewis Clark

Traveler and writer by profession.

Matz Lewis Clark, College student, Graduation, Orlando

Answered Feb 26, 2019

The answer to this is letter A. This refers to a meeting of the different prospective bidders. This is normally held by the buyer so that he can discuss the different details about the project to prospective bidders.

There are sellers that may have questions about the project or there may be some things that are not too clear yet. This will be the perfect chance for the sellers to clear everything and learn all the details that they have to know.

It is important for all the bidders to know the right information about the project at hand and what the buyer wants. The bidding may or may not occur after the bidder conference.

 

John Smith

John Smith

Answered Sep 09, 2016

A meeting of prospective bidders-a bidder conference is a meeting of prospective bidders. bidder conferences are a tool used in the request seller responses process. the purpose of a bidder conference, also known as a vendor conference, contractor conference, or pre-bid conference, is to ensure that all potential bidders have a clear understanding of the procurement details. this helps to ensure that quality proposals are submitted. at bidder conferences, potential sellers have an equal standing. all of the other options are incorrect because they do not correctly define a bidder conference.
 

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