What is the end goal of developing a solicitation?

Prepare for the NCMA Certified Contract Management Associate Exam. Use flashcards and multiple-choice questions with hints and explanations. Maximize your study time and ensure exam readiness!

The end goal of developing a solicitation is to create a viable contract. This process involves articulating the specific needs and requirements of an organization to attract proposals from potential vendors. A well-crafted solicitation lays out the terms, conditions, and expectations that will guide the procurement process, ensuring that the organization receives offers that meet its standards and requirements. Ultimately, the objective is to select a vendor through this solicitation process who can fulfill those needs and enter into a legally binding contract that stipulates the obligations and rights of all parties involved. This ensures that the organization can achieve its goals effectively, making the creation of a viable contract the definitive end goal of the solicitation process.

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