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The tax supported institution is required to use formal competitive bid buying for all food products. In what instance would informal purchasing be acceptable. Informal

The tax supported institution is required to use formal competitive bid buying for all food products. In what instance would informal purchasing be acceptable.
Informal purchasing can be used anytime for any and all items by this organization.
The item needed is sold by only one or two sources.
It is never acceptable under any circumstances.
If the purchasing manager finds the informal method easier.

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