Question

Evaluating whether or not to go forward with the preparation of a proposal is referred to as the __________.

a. bid/no-bid decision

b. exception decision

c. management reserve decision

d. best and final offer decision

Answer 1

A. Bid/no bid decision

A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.