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Contractor A’s negative CECP in a bidding competition indicates that_____.

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Contractor A’s negative CECP in a bidding competition indicates that_____.

his competitor is able to produce a bid equal to his cost estimate.

❌

he has a chance of winning.

✅

his competitor is able to produce a bid lower than his cost estimate.

❌

his cost estimate is higher than the lowest bid.

❌

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