Question: Which is not a key decision that should be documented before sole source contract award? Question 54 options: Why the contract was directed to a

Which is not a key decision that should be documented before sole source contract award?

Question 54 options:

Why the contract was directed to a particular supplier

Why the risk of sole sourcing was acceptable

Why the price is considered fair

Why the price is considered reasonable

Why the contract was not competed

Question 55 options:

Value for Money emphasized the need to manage public funds so that the process and prices paid are either fair or reasonable.

True
False

Question 58 (1 point)

Which statement is incorrect? A comparison of both Standing Offers and Supply Arrangements have the following in common:

Question 58 options:

required on a regular or recurring basis by one or more departments

based on an anticipated business volume

does not constitute a commitment for work

actual demand is not known

all the above are correct

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