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A) A procurement performance review
B) Capacity planning
C) A project review meeting
D) An audit
A) Request for quotation
B) Seller proposal
C) Invitation to bid
D) Tender notice
A) For cause
B) For default
C) For convenience
D) For the purpose of the court
A) Potential-cost estimate
B) Expected-cost estimate
C) Benchmark estimate
D) Must-cost estimate
A) The newsletter is likely to be factually incorrect. A selected seller is one whose proposal has been accepted and a contract has been completed pending signatures of the authorized parties.
B) It is likely that the newsletter is factually incorrect. While the seller has been selected for the work, it is unlikely that the term of the project would have been 5 years.
C) It is likely that the newsletter is factually incorrect. A selected seller is one whose proposal has been judged to be in a competitive range. It does not mean they have been awarded the work.
D) The newsletter is likely to be factually correct. A selected seller is one who has been awarded a contract based on the procurement process.