ART - Single bid openings 2010

The document discusses the issue of receiving only one bid in a procurement process and provides guidance on how to handle this situation. It emphasizes the importance of gathering more information before making a decision and highlights various factors that may have led to receiving only one bid. These factors include internal factors such as the specifications and pricing formula, as well as external factors such as market conditions and the bid list. The document suggests conducting research, seeking input from colleagues and trade associations, and considering alternative specifications. It also raises concerns about the fairness and reasonableness of the prices in the bid and the need for thorough verification. The author shares their personal dislike for receiving only one bid and emphasizes the importance of treating each bid as a separate challenge and not taking the bid process for granted.