Invitation for Bid (IFB) versus Request for Proposal

Invitation for Bid (IFB) versus Request for Proposal

Instructions: Assume you own a company that specializes in solar panel installation. Your company has an outstanding reputation and is known for innovative solutions to complex problems. You wish to bid on a contract to install solar panels on the roof of a federal government office building. You estimate the contract to be worth around $500,000.

Now write a two (2) page paper in which you:

1. Assess the simplified acquisition methods and select the one you believe fits your company best.

2. Explain whether you would prefer a Sealed-Bidding -Invitation for Bid (IFB) Process or a Negotiated Procurement -Request for Proposal (RFP) Process.

3. Select the parts and sections of the Uniform Contract Format that could present a problem in this scenario.

4. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
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