Which of the following is included in the public record after a contract is awarded?

Which of the following is included in the public record after a contract is awarded?

• A. Cost of advertising
• B. Name of vendor and contract duration
• C. A list of all bidders
• D. Detailed project specifications

Answer: (B)

The name of the vendor and contract duration are crucial elements included in the public record after a contract is awarded because they provide transparency in the procurement process. This information allows for accountability and ensures that the public is aware of who has been awarded the contract and for how long that contract is valid. The inclusion of the vendor's name helps stakeholders understand who is responsible for fulfilling the contract, while the contract duration indicates the timeframe in which the vendor is expected to perform under the terms of the contract. This transparency is essential in public procurement as it promotes trust in the processes and decisions made by government entities. Other choices, while they may contain important information in the overall procurement process, are not typically included in the public record after a contract is awarded. For example, the cost of advertising might be relevant but does not directly relate to the awarded contract specifics. Similarly, while a list of all bidders and detailed project specifications are important for the bidding process, they are not part of the awarded contract’s public record.

The name of the vendor and contract duration are crucial elements included in the public record after a contract is awarded because they provide transparency in the procurement process. This information allows for accountability and ensures that the public is aware of who has been awarded the contract and for how long that contract is valid.

The inclusion of the vendor's name helps stakeholders understand who is responsible for fulfilling the contract, while the contract duration indicates the timeframe in which the vendor is expected to perform under the terms of the contract. This transparency is essential in public procurement as it promotes trust in the processes and decisions made by government entities.

Other choices, while they may contain important information in the overall procurement process, are not typically included in the public record after a contract is awarded. For example, the cost of advertising might be relevant but does not directly relate to the awarded contract specifics. Similarly, while a list of all bidders and detailed project specifications are important for the bidding process, they are not part of the awarded contract’s public record.