Property Matters – Sole Selectives

sole-tendering
Source: “Tender/Procurement Policies and Procedures” Ministry of Finance and the Economy: Central Tenders Board Division. April 2014

It seems that the current administration intends to execute its three largest projects on the sole selective basis and in my view that is a serious concern.

Sole Selective is a non-competitive contracting approach in which a single firm is selected to participate in a commercial opportunity. I have not limited the definition to the provision of goods, works or services since there are many other ways in which commercial arrangements can operate.

The sole selective approach can be readily adopted if the provider is someone with a proven track record which has created a sound working relationship. The other side of the coin is that this approach can be difficult to justify on value-for-money grounds due to the lack of competition.

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