IREM Certified Property Manager (CPM) Practice Test

Question: 1 / 400

Which of the following is NOT a factor to consider when evaluating bids?

Consulting with past clients

Reviewing television advertisements

When evaluating bids, it's essential to focus on relevant and actionable factors that directly impact the quality and reliability of the contractor’s work. Consulting with past clients, investigating the contractor's business history, and checking subcontractor payment history provide crucial insights into the contractor's reliability, quality of service, and financial stability. These factors help in assessing the credibility of the contractor based on real-world performance and experiences.

In contrast, reviewing television advertisements does not provide substantive information about a contractor's qualifications, reliability, or past performance. Advertisements are often designed to attract attention and may not reflect actual work quality or client satisfaction. Hence, this aspect is less relevant when making a decision based on the contractor’s capabilities and history, making it the factor that should not be considered in the evaluation process.

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Investigating the contractor's business history

Checking subcontractor payment history

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