What are the two ways governments make purchases?
A) Cash or credit
B) Contacting previous suppliers and bids
C) Bids and negotiated contracts
D) Lottery system and contract negotiations
E) Request for new purchases and recurring orders

Question

Quizplus · Accepted Answer

Governments typically make purchases through either bidding or negotiated contracts. This helps ensure that the government is getting the best possible value for the goods or services being purchased and that vendors are competing fairly for government business. Cash or credit, contacting previous suppliers, lottery systems, and recurring orders are not typically used by governments to make purchases.

What Are the Two Ways Governments Make Purchases