Evaluation of bid prices through (1) comparison of submitted bids or quotations, (2) comparison of current quotations with previous quotations for the same or similar items, (3) comparison with own cost estimates, and (4) use of standard measures.
Evaluation of bid prices through (1) comparison of submitted bids or quotations, (2) comparison of current quotations with previous quotations for the same or similar items, (3) comparison with own cost estimates, and (4) use of standard measures.