Question: Customers evaluate contractors proposals in many ways. Sometimes the technical and management proposals are evaluated first, without consideration of cost. Those proposals with the highest

Customers evaluate contractors proposals in many ways. Sometimes the technical and management proposals are evaluated first, without consideration of cost. Those proposals with the highest points on the technical/management review are then evaluated for their costs. The customer weighs the technical/management merit against the costs to determine which proposal offers the best value.

Should the lowest-priced proposal always be selected as the winner? Discuss why or why not. List three factors (other than cost) that may be considered in project evaluation.

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