Multiple suppliers bid on a contract for construction services. The suppliers qualifications and experience will be assessed, and they will be rated against a minimum passing score. Which is a logical selection criterion? Select one: O a. Single source O b. Unique service O c. Lowest responsive bid . Evaluated bid o d Which method is best suited to comparing the net present values for two capital investment projects when the cash flows vary? Select one: o a. Scenario analysis o b. Sensitivity analysis o c. Payback period method O d. Life-cycle cost analysis A facility manager is applying the concept of best value in assessing different vendor proposals for the cafeteria and vending areas in a property. Which evaluation criteria for the sourcing decision exemplifies best value? Select one: a. Strict adherence to customary practices and procedures for outsourcing common support area services O O b. Hard and soft measures and a comparison of all costs with required quality c. Anticipated retention of existing tenants and attractiveness to prospective clients d. The inclusion of non-discriminatory specifications and a transparent, open bidding process A life-cycle cost (LCC) analysis is being used to help determine whether the purchase of a high-performance heating ventilating and air conditioning (HVAC) system is cost-effective. What would this analysis not consider? Select one: O a. Cash flows made time-equivalent by converting them to present values. O O b. Comparison with other measures of economic evaluation. c. Appropriate risk and uncertainty assessments. d. Customer satisfaction survey responses. What information should not be included in a business case? Select one: O a. An explanation of why the initiative is necessary and recommendations. b. A deadline for when the business case must be reviewed and approved or denied. c. Financial and non-financial analysis results. d. The key assumptions behind the initiative. O O A facility manager submits a request for building management to repair a broken window in their new space. What type of cost is this? Select one: O a. Opportunity cost O b. Indirect cost c. Direct cost O d. Fixed cost What type of cost is the oil needed to maintain a large piece of equipment? Select one: a. Opportunity cost O b. Indirect cost LES O c. Fixed cost d. Variable cost