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What is competitive contracting?

competitive contracting
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What is competitive contracting?

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Competitive contracting is an alternative method of soliciting offers through Requests for Proposals (RFPs) versus Requests for Bids. This method of solicitation may be more appropriate when purchasing specialized goods or services with characteristics that cannot easily be described using standard specifications, for example, the length, width, color, or type of material. By using locally defined evaluation criteria, it permits the award to be given to the vendor whose proposal is found to be the most advantageous, price and other factors considered, as opposed to the traditional lowest responsible bidder.

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