Three quotes were obtained. The spec was written by the incumbent.
A competitive tender is only competitive if the requirements were neutral, and the person best placed to write them is usually the one you already buy from.
SBy Steve··5 min read
The file looks clean. Three quotations, dated within a fortnight of each other, a scoring sheet, a recommendation, an approval. Anyone reviewing the purchase after the fact would conclude that the market was tested and the best offer won. Then you ask who drafted the specification the three suppliers were responding to. And the answer, more often than most businesses would like to admit, is the supplier who already holds the contract, or a supplier who was very keen to hold it. Sometimes formally, as a helpful favour. Sometimes informally,…
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Important: General information only. Rialto Bridge articles describe patterns and considerations that may apply to a business; they are not financial, legal, tax or accounting advice, and they take no account of your particular circumstances. Consider your own situation and seek advice from a qualified professional before acting.