Question: Pertaining to the post below, please provide: An example or scenario of seal bidding and competitive negotiation. Explain the scenario and details to show why
Pertaining to the post below, please provide:
- An example or scenario of seal bidding and competitive negotiation.
- Explain the scenario and details to show why that example or scenario was seal bidding and competitive negotiation.
Please write in full detailed paragraphs!
The ASPA, FPASA, and CICA established two basic methods of obtaining "full and open
competition" -- (a) sealed bidding and (b) competitive negotiation. Sealed bidding is
characterized by a rigid adherence to formal procedures. Those procedures aim to provide
all bidders an opportunity to compete for the contract on an equal footing. In a sealed
bidding acquisition, the agency must award to the responsible bidder who submits the
lowest responsive bid (price). In contrast, competitive negotiation is a more flexible
process that enables the agency to conduct discussions, evaluate offers, and award the
contract using price and other factors.
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