Examlex
Match the factor to its correct action.
-XIIIa
Solicitation
The act of requesting or seeking bids, proposals, or quotes from vendors for the supply of goods or services.
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.
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