Strata Manager David has received three proposals for a landscaping contract for Strata Plan EWS 4321 in North Vancouver. Contractor A quoted $12,000/year, Contractor B quoted $13,500/year, and Contractor C quoted $11,800/year. All contractors have similar experience and insurance. What should David recommend to the strata council?

Question: Strata Manager David has received three proposals for a landscaping contract for Strata Plan EWS 4321 in North Vancouver. Contractor A quoted $12,000/year, Contractor B quoted $13,500/year, and Contractor C quoted $11,800/year. All contractors have similar experience and insurance. What should David recommend to the strata council?

Answer options:

• Automatically select Contractor C due to the lowest price. ✅ Review terms, references, and scope of work for all contractors, then recommend the best overall value.
• Ask Contractor A and B if they can match Contractor C's price.
• Request new bids as the current ones are too close in price.

Correct answer: Review terms, references, and scope of work for all contractors, then recommend the best overall value.

Explanation: While price is a factor, professional strata management dictates that all aspects of a proposal, including scope, terms, references, and specific services offered, must be carefully reviewed to ensure the best overall value and fit for the strata corporation, not solely the lowest price. This aligns with good procurement practices for vendor RFPs.