Which of the following statements is NOT true regarding awards from an invitation for bids?

The statement indicating that faxed bids are always welcomed is not true regarding awards from invitations for bids. In a formal bidding process, particularly in federal contracting, there are specific rules and regulations governing how bids must be submitted. Faxed bids are often not acceptable due to concerns about the integrity of the submission process, ensuring that all bids are received in a uniform manner, and maintaining compliance with the terms set forth in the invitation for bids.

On the other hand, the other statements hold true and reflect crucial elements of the bidding process. Bidders are indeed required to comply with all material aspects of the invitation, which means they must meet the specified requirements and conditions laid out in the solicitation. Furthermore, bidders must accept all terms and conditions to ensure that they are fully aware of their obligations and responsibilities if they are to be awarded the contract. Lastly, bids must be received by the exact time of the bid opening to conform to the established deadlines, reflecting the importance of timeliness and formal procedures in federal contracting.