Discuss CIPS L4M6 Exam Topic 1 Question 83

A local council requires facilities management services for ten schools based in their region. This service is a high spend, high risk, critical contract. Which sourcing approach would be the most appropriate?

ARequest for quotation

BCompetitive tendering

CStatement of source requirements

DDirect negotiation

Suggested Answer: B

Comprehensive and Detailed

For high-value and high-risk contracts, such as facilities management services for multiple schools,competitive tenderingis the most appropriate sourcing approach. This process involves inviting multiple suppliers to submit bids, ensuring transparency, fairness, and the opportunity to assess various proposals to select the most suitable supplier. It helps in mitigating risks and achieving value for money.

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12 comments · newest first

Glendora 3 days ago

Isn't a request for quotation too informal for such a big contract?

Beata 8 days ago

I disagree, direct negotiation could save time.

Jolene 13 days ago

Competitive tendering seems like the best option here.

Vi 18 days ago

Request for quotation seems too casual for such a big deal.

Johnetta 24 days ago

Wow, I didn’t realize how critical this contract was!

Xuan 29 days ago

I’m not so sure about that, direct negotiation could save time.

Mayra 1 month ago

I totally agree, it ensures transparency and fair pricing!

Yuonne 1 month ago

Competitive tendering is usually the best way for high spend contracts.

Jerry 1 month ago

I recall that a statement of source requirements is more about defining needs, so it seems like it wouldn't be the right choice for this situation.

Ollie 2 months ago

I practiced a similar question where direct negotiation was suggested, but I feel like that might not be suitable for such a large contract with multiple schools involved.

Dalene 2 months ago

I'm not entirely sure, but I remember something about high-risk contracts needing more thorough processes, so maybe a request for quotation isn't enough?

Craig 2 months ago

I think competitive tendering might be the best option here since it allows for multiple bids and could ensure we get the best value.

CIPS L4M6 Exam - Topic 1 Question 83 Discussion