Certified Professional Contract Manager (CPCM) 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 515

Who is referred to as a bidder?

A supplier who initiates a contract

One who makes a bid

A bidder is defined as one who makes a bid, typically participating in a procurement process where they propose a price to provide goods or services. The essential aspect of being a bidder lies in the act of submitting a proposal, which can involve various components like pricing, timing, and specifications. This definition encompasses both individuals and organizations that express their interest in competing for a contract by submitting their offers during the bidding phase.

In this context, the other choices do not accurately capture the essence of a bidder. A supplier who initiates a contract refers more to the entity providing the goods or services but does not necessarily mean they are engaging in a competitive bid. A buyer seeking proposals would be actively looking for bidders, rather than being the bidder themselves. Lastly, a government official reviewing bids is involved in the evaluation process, rather than making a bid. Therefore, the focus on making a bid is what solidifies the understanding that the correct reference for a bidder is one who makes a bid.

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A buyer seeking proposals

A government official reviewing bids

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