A condominium corporation in Ottawa is preparing for a scheduled replacement of its 25-year-old elevator system. The board has approved a multi-million dollar budget. What is the property manager's primary role regarding contractor selection and oversight for this project?

Question: A condominium corporation in Ottawa is preparing for a scheduled replacement of its 25-year-old elevator system. The board has approved a multi-million dollar budget. What is the property manager's primary role regarding contractor selection and oversight for this project?

Answer options: ✅ To oversee the Request for Proposal (RFP) process, evaluate bids based on scope, cost, and references, and monitor the contractor's performance to ensure compliance with the contract terms and safety standards.

• To personally perform detailed technical inspections of the elevator equipment during installation.
• To simply present the board with the lowest bid received, regardless of other factors.
• To negotiate directly with the elevator manufacturer for a discount on new units without involving the board.

Correct answer: To oversee the Request for Proposal (RFP) process, evaluate bids based on scope, cost, and references, and monitor the contractor's performance to ensure compliance with the contract terms and safety standards.

Explanation: For major capital projects like elevator replacement, the property manager's role is to facilitate the tendering process, assist the board in selecting a qualified contractor, and then manage the contract to ensure the work is completed according to spec, budget, and timeline, while adhering to safety and regulatory requirements.