asked 104k views
2 votes
Rozell & Ramos Associates want to ask companies to submit bids to design the lighting in their new building. The Associates will develop which of the following documents to solicit bids?

a) Request for Proposal (RFP)
b) Executive summary
c) Feasibility study
d) Cost-benefit analysis

1 Answer

2 votes

Final answer:

Rozell & Ramos Associates will create a Request for Proposal (RFP) to invite companies to bid for the lighting design in their new building, detailing the project requirements and selection criteria.

Step-by-step explanation:

Rozell & Ramos Associates will develop a Request for Proposal (RFP) to solicit bids for designing the lighting in their new building. An RFP is a formal document inviting providers to submit proposals outlining their qualifications, how they would tackle the project, the proposed timeline, costs, payment schedules, and other relevant information.

An RFP typically describes in detail the project requirements and criteria for selection, allowing companies to present bids that are tailored to the associate's specific needs. Unlike other documents such as an executive summary, a feasibility study, or a cost-benefit analysis, the RFP is the appropriate tool to initiate a competitive bidding process for services.

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User Poppy
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