Which of the following would you expect to see in an Invitation to Tender (ITT)?
A.
Supplier rates
B.
Liquidity ratios
C.
Delivery milestones
D.
Best and Final Offer (BAFO)
The Answer Is:
C
This question includes an explanation.
Explanation:
The ITT is issued by the buyer and typically includes:
Requirements, scope, and delivery milestones (C).
Evaluation criteria, instructions to tenderers, contract conditions, etc.
Supplier rates and liquidity ratios belong in the supplier response or financial evaluation. BAFO is a later negotiation step, not content of the ITT itself.
[Reference: CIPS L4M3 Commercial Contracting – Contents of invitations to tender., , ]
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