Competitive bidding in purchasing is a process in which a buyer solicits bids from multiple suppliers or vendors for a particular product or service, evaluates the proposals based on price, quality, and other factors, and selects the supplier that offers the best value for money. Which of the following is NOT appropriate for employing the competitive bidding process?

a) EnergyX is an energy company that needs to purchase new solar panels for its operations. The marketplace is competitive with many domestic and overseas suppliers. EnergyX wants to choose the supplier that offers the best value at a competitive price.

b) TechGen is a technology manufacturing company that needs to purchase a large volume of computer chips for its new product line. TechGen wants to source the requirement from chip suppliers by choosing the one with the most competitive price. This way, TechGen can save money and ensure that it has enough computer chips to meet its production needs.

c) HealthCareNow is a healthcare organization that needs to purchase medical supplies for its facilities. Since it does not have a preferred supplier for a particular item. HealthCareNow wants to evaluate suppliers proposals primarily based on price.

d) ConstructX is a construction company that needs to hire a contractor to build a new production lines. The specifications and requirements for the project are unclear as new advanced technologies are emerging. The company wants to consider various factors in selecting supplier other than price.