A committee of city council members is searching for a new vendor for trash and recyclables removal in the community.Which mechanism provides the committee with information about the prices vendors charge to perform this service?
A)leader bidding
B)negotiated bidding
C)product-line bidding
D)promotional bidding
E)competitive bidding

Question

A committee of city council members is searching for a new vendor for trash and recyclables removal in the community.Which mechanism provides the committee with information about the prices vendors charge to perform this service? ​
A)​leader bidding
B)​negotiated bidding
C)​product-line bidding
D)​promotional bidding
E)​competitive bidding

Quizplus · Accepted Answer

Competitive bidding allows the committee to gather information about the prices that vendors charge to perform the service. This mechanism involves inviting vendors to submit bids or proposals for the service, which allows the committee to compare and evaluate each bid to determine which one offers the best value for the community.

A Committee of City Council Members Is Searching for a New