Please Define the Following Key Terms

question 92

Short Answer

Please define the following key terms.
-Voltaire

---

Definitions:

Bidders

Entities or individuals that propose their services or products in response to a request for proposal or tender.

Requesting

The act of formally or informally asking for something to be given or done.

Award Fee

A financial incentive provided beyond the base contract price, based on a contractor’s performance in meeting or exceeding specified criteria.

Goals

Specific outcomes or achievements toward which efforts are directed in a project or activity.