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Do You Know What Is Two-step Procurement? |
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Answer» A bidding procedure usually consisting of two COMPETITIVE STEPS. Step one consists of a technical proposal for furnishing the product or service and the second step consists of a comparison of COSTS. Bidding then PROCEEDS as in conventional sealed bid PROCEDURES. A bidding procedure usually consisting of two competitive steps. Step one consists of a technical proposal for furnishing the product or service and the second step consists of a comparison of costs. Bidding then proceeds as in conventional sealed bid procedures. |
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