What term refers to a written change, addition, alteration, correction or revision to a bid, proposal or contract document?

Study for the CPPB Domain II Sourcing Test. Prepare with engaging flashcards and multiple-choice questions. Enhance your procurement skills and get ready to excel in your exam!

Multiple Choice

What term refers to a written change, addition, alteration, correction or revision to a bid, proposal or contract document?

Explanation:
Written changes to bid, proposal, or contract documents are called addenda (an addendum when singular). Addenda are formal written additions or corrections issued to the original documents to clarify requirements, correct errors, or add information such as scope changes or revised deadlines. They become part of the bidding documents so every bidder works from the same updated information, which helps prevent disputes and ensures fair competition. The other terms don’t apply here: late bids are bids submitted after the deadline, a responsive bidder is someone who meets the bid requirements, and price analysis is the process of evaluating proposed costs for reasonableness.

Written changes to bid, proposal, or contract documents are called addenda (an addendum when singular). Addenda are formal written additions or corrections issued to the original documents to clarify requirements, correct errors, or add information such as scope changes or revised deadlines. They become part of the bidding documents so every bidder works from the same updated information, which helps prevent disputes and ensures fair competition. The other terms don’t apply here: late bids are bids submitted after the deadline, a responsive bidder is someone who meets the bid requirements, and price analysis is the process of evaluating proposed costs for reasonableness.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy