Tunetoy Industries will be bidding on a turnkey project in Saudi Arabia. What advice would you give Tunetoy?

Select one:

a. You may be asked to post a performance bond

b. Be sure your bid is the lowest

c. It is likely that hundreds of competitors will be submitting final bids

d. All of the above

Tunetoy Industries will be bidding on a turnkey project in Saudi Arabia. What advice would you give Tunetoy?

Select one:

a. The government will show its good faith by posting a performance bond

b. A consortium may be necessary to fulfill all requirements of the project

c. Turnkey projects are rare in developing countries and very difficult to complete

d. Be sure your bid is the lowest