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It ensures the proposal accurately reflects the requirements and scope, avoiding underbidding or overcommitting.
Ensuring compliance with the RFP terms avoids disqualification and demonstrates the bidder's attention to detail and seriousness.
It determines if pursuing a tender aligns with strategic goals and win probability.
It helps determine whether an opportunity aligns with strategic objectives and win probabilities.
It's the time allowed for preparing and submitting a bid, which is crucial for planning and resource allocation.