Kyle Grant is a procurement director at ATSS Ltd and has introduced a new policy...

Vendor: CIPS
Product: L4M6
Update on: Jul 30, 2025
Questions: 226

CIPS L4M6 Question Answer

Kyle Grant is a procurement director at ATSS Ltd and has introduced a new policy within the procurement function. The policy requires the procurement function to obtain quotations from multiple suppliers if a contract is worth over £10,000. What is the primary aim of this policy?

To deliver an agile process

To ensure value for money is achieved

To allow procurement to select the lowest price

To enable a reduction in competition