The bidding process should be used primarily for larger jobs.

The bidding process should be used primarily for larger jobs.

• A. True
• B. False
• C. It depends
• D. Not sure

Answer: (B)

Bidding is a tool to obtain competitive prices and ensure transparency in how association funds are spent. It’s not reserved only for large projects. Many associations set procurement thresholds so that formal bids are required for larger expenditures, while smaller tasks may use simpler methods. Yet when more than one qualified vendor could perform a job, or the project has significant scope, risk, or complexity, bidding helps ensure you get the best value and fair consideration for all bidders. Because of that, saying bidding should be used primarily for larger jobs is too limiting; it should be used whenever the circumstances warrant competitive pricing and objective evaluation, not just for big projects.

Bidding is a tool to obtain competitive prices and ensure transparency in how association funds are spent. It’s not reserved only for large projects. Many associations set procurement thresholds so that formal bids are required for larger expenditures, while smaller tasks may use simpler methods. Yet when more than one qualified vendor could perform a job, or the project has significant scope, risk, or complexity, bidding helps ensure you get the best value and fair consideration for all bidders. Because of that, saying bidding should be used primarily for larger jobs is too limiting; it should be used whenever the circumstances warrant competitive pricing and objective evaluation, not just for big projects.