Disclose project budget to vendor
Sally is the project manager for a building restoration project. She is also part of the team that decides which vendor they will be selecting to redo the exterior. Bill, her good friend of ten years, happens to be one of the vendors bidding on the project and asks Sally about the budget. Sally should:
A. Give Bill the information he needs so he does not submit a bid that is over the budget.
B. Notify all vendors of the budget so none of them have a distinct advantage.
C. Refuse to give Bill the budget information.
D. Give Bill a range of where the budget may fall so you can help him without disclosing the exact budget.
Answer: C. Refuse to give Bill the budget information.
This is a conflict of interest. Sally should keep the vendor selection process separate from conversations she has with her friend.
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