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A contract originated bilaterally may be developed by?

A. proposal request

B. bid invitation release

C. quotation request from suppliers

D. proposal request and bid invitation release

E. All of the other alternatives apply.

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/05/19
Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

In my opinion - E. All of the other alternatives apply.

hisham abu dagga
by hisham abu dagga , Project Manager / مدير مشاريع , مؤسسة عبدالكريم العواض للمقاولات

Thank you for the invitation

Agreed with Option E

With greetings and appreciation

G S
by G S , Senior lawyer , National Union of Attorney at Law of Romania

It's only A option. All others involve an unilateral act of will.

Shihabudheen Abu Backer
by Shihabudheen Abu Backer , Supply Chain Manager , BAUER KOMPRESSOREN GCC FZE

A contract is a legal document which reflects the liability and responsibility of each party those who are involved. Another word, a contract shares the risk and benefits among those who are entered into the legal agreement – ‘the contract’.

A contract may develop in following situations:

Party A required goods or services which is producing / delivering by Party B. The basic requirement triggering   to develop a contract for goods or services is when the specification of Party A complying by Party B. It may be a conformance or performance basis.

The communication may start with ‘R’s – RFQ, RFI, RFPs or an opened or restricted tender.

When there is a requirement of goods or services and who can meet those specifications or SLAs, both parties entering into a legal relationship to fulfill the common interest of mutual benefits.

 

So, I would say, compliance of specifications or SLA’s are the basic component which triggers the development of a contract.  

Zaferullah Sharief, PMP®
by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Option E is the best choice.

D. proposal request and bid invitation release

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