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Exam L4M4 All Questions
Exam L4M4 All Questions

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CIPS Level 4 Diploma in Procurement and Supply L4M4 Question # 76 Topic 8 Discussion

L4M4 Exam Topic 8 Question 76 Discussion:
Question #: 76
Topic #: 8

A procurement manager who works in the public sector has received 8 submissions to a tender op-port unity that was advertised on OJEU. The average price submission for the contract was £1m but one supplier has submitted a price of £200,000, which the procurement manager has identified as being 'an abnormally low tender'. What should be the procurement manager's course of action?


A.

automatically dismiss the low bid


B.

award the contract to the low bid as this represents better value for money


C.

investigate the low bid


D.

award the bid a 0 for price


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