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Wednesday, August 24, 2016

BIDDING EXERCISE

What if I, or another person, were to seek to award a “contract” to someone among a group of students that would ask them to do a study.  This study would tell me the probability of a fallen pine tree falling where it lies. I would write up a “Request for Proposal” (RFP) and give it to a class, or to a particular grade level at a school.  The interested students would attend a “Pre Bid Meeting” where I would allow them to see the site where the tree fell.  My RFP would tell them I would award on the basis of merit as opposed to low price.  They would submit their dates on or before a certain time after the RFP meeting.  Their bids would detail their rationale and back-up material of how they reached their conclusion.  The winner would be paid $25.00 for the study plus expenses for developing their study.  The award would not guarantee that the study would ever actually be conducted.  (In fact the whole exercise it just to demonstrate the request-bid-award process.)