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What Is The Definition Of A Bid Proposal? |
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Answer» In procurement of goods or services, the bid and proposal (B&P) are a firm's plan (proposal) and proposed COST (bid) for fulfilling the conditions OUTLINED in a Request for Proposal (RFP) or other INFORMATION gathering or supplier CONTACT activity. In procurement of goods or services, the bid and proposal (B&P) are a firm's plan (proposal) and proposed cost (bid) for fulfilling the conditions outlined in a Request for Proposal (RFP) or other information gathering or supplier contact activity. |
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