High School

If you wanted to procure contracts for the use of grant money, which procurement method would you use?

1) Open tendering
2) Selective tendering
3) Negotiated tendering
4) Competitive dialogue

Answer :

Final answer:

Open tendering is the method that aligns with municipal rules to prevent favoritism and allow fair competition among contractors vying for a project by submitting tender documents with their plans and price quotes.

The correct answer is option 1) Open tendering

Explanation:

If one wished to procure contracts for the use of grant money while adhering to municipal rules that prevent favoritism and corruption, the most suitable procurement method would be open tendering. This process is designed to allow as many contractors as possible the opportunity to apply for a project. Each contractor is required to submit a tender document, which details their proposed approach to the work at hand and includes a price quote. The selection of the contractor is made based on who can provide the best plan at the most competitive price, thereby ensuring fairness and cost-effectiveness in the procurement process. Competitive tender processes are often mandated for public projects to maintain integrity and transparency in the use of public funds.