Quote:
Posted By CorbinB on 07/29/2024 6:14 AM
The Management Company says 3 bids isn't necessary because they have a good rapport with the vendor's and trust their judgement. The Board agrees with the Management company.
The management company may have several client HOAs who also do business with a vendor, and so they're able to get a discount on the service (so they can keep those clients and possibly get more). That can work very well, and I know that's why my assoociation concurred occasionally with the property manager's recommendation on some projects. That said, I agree with you that the more expensive the work, the more important it is to get at least three bids to keep everyone competitive. This is a matter of common sense and shouldn't have to be mandated by a state law. Then again, common sense isn't so common, as Benjamin Franklin once said.
In any case, your beef is really with the board because they make the final decision, so you need to ask them if they've done their due dilligence to ensure this vendor is a good choice, such as asking for references and checking them. If you have concerns about this particular provider, bring that up with the board and see what they (and perhaps the property manager) have to say. If you still don't like what they say, you can always run for a spot in the next board election to replace at least one of them and then push for a policy requiring a minimum of three bids if the work will exceed a certain amount.
If it is not right do not do it; if it is not true do not say it. Marcus Aurelius