Suppose a government agency is planning to carry out an auction and invite bids
ID: 1124141 • Letter: S
Question
Suppose a government agency is planning to carry out an auction and invite bids for a new bridge to be built across a river. You are hired as a consultant in this process with a goal to achieve the best possible outcome at the lowest possible cost. Please, provide a short summary of your proposals (and their rationale) on how to design and carry out this auction to the government agency in no more than 10 sentences! Suppose a government agency is planning to carry out an auction and invite bids for a new bridge to be built across a river. You are hired as a consultant in this process with a goal to achieve the best possible outcome at the lowest possible cost. Please, provide a short summary of your proposals (and their rationale) on how to design and carry out this auction to the government agency in no more than 10 sentences! Suppose a government agency is planning to carry out an auction and invite bids for a new bridge to be built across a river. You are hired as a consultant in this process with a goal to achieve the best possible outcome at the lowest possible cost. Please, provide a short summary of your proposals (and their rationale) on how to design and carry out this auction to the government agency in no more than 10 sentences!Explanation / Answer
1.As a consultant of the project i will suggest government to go for online tendering process as this will help to have transparency as well as ease of having as many bids as possible due to online system.2.As a consultant i will check the background of the bidder and his cost estimates and quality of work and reputation of the firm in the market.3.Most of the times government are already evaluated by PWD departments and they decide costing of the project.4.Government delivers the project cost to company after strict checking measures as it is a construction work for bridge and many people risk of lives is their.5.Contract is given to the bidder who has quoted amount near to stated amount with guarantee of doing quality work.6.Contract is given to a firm which run at least for 3-5 years on their own without paying the funds.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.