full answer please

THE UNIVERSITY OF THE WEST INDIES ST. AUGUSTINE DEPARTMENT OF MANAGEMENT STUDIES MGMT2021 BUSINESS LAW W LECTURE 1: MAKING THE CONTRACT 1. Martin Pariag is the owner of a construction company located at Rousillac Village, South Oropouche. He saw an advertisement on the Daily Rag placed by the South Regional Health Corporation inviting bids to construct a mental health hospital in South Trinidad. The advertisement noted that bids would be assessed on the basis of price and technical competence and that the South Regional Health Corporation would not be bound to the highest or lowest tender. Martin submitted a bid on time and waited for the results from the assessment of tenders. Martin received a letter from the South Regional Health Corporation together with other bidders, indicating that a decision was taken to pursue discussions with the lowest bidder as this in the opinion of the South Regional Health Corporation was the most prudent way forward. Martin is annoyed by this position adopted and would like your advice as to possible legal proceedings that can be instituted on his behalf