A competitive RFP has resulted in five bids with the following results. The bidders, their total financial bids and their rated evaluation (out of 100) are below.

Albacore $100,000 70 points

Balford $110,000 81 points

Coleman $115,000 85 points

Decal $80,000 65 points

Energizer $99,000 71 points

If the pass mark is 70 and the method of selection is the highest technical proposal within budget with a budget of $105,000, which is the winning bidder?

Question 35 options:

	Albacore
	Balford
	Coleman
	Decal
	Energizer

Advantages of using firm prices in bidding are:

Question 32 options:

	some components of the work can be reduced for reduced costs.
	requirement may not be clear
	complexity of work is uncertain
	low-balling will be needed to get the contract.
	risk in performing the contract can be estimated.

Mandatory requirements:

Question 30 options:

	identify the maximum requirements for successful completion.
	identify all the requirements.
	bids that fail to meet the requirements are still subject to rated evaluation.
	firms have to demonstrate that they can meet the mandatory requirements
	mandatory criteria have a meet/does not meet response.