Question: 4. Ms. Voit thinks that if the building had better street appeal, she would be able to command higher rental rates. She plans on landscaping

 4. Ms. Voit thinks that if the building had better street

4. Ms. Voit thinks that if the building had better street appeal, she would be able to command higher rental rates. She plans on landscaping the property's front yard, which faces onto Main Street. In this case, would you recommend sole source contracting or competitive bid contracting to find a suitable landscaper? Discuss the advantages and disadvantages of each and note any factors that might make you choose one over the other in this scenario. (10 marks) 5. Ms. Voit wants to know if there is anything she can do to mitigate major risks related to the property. Outline five risks that may be present at 1200 Main Street. For each risk, develop a plan for how Ms. Voit can minimize or mitigate that risk. (10 marks)

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