PJM400 MOD3 Discussion Post 250 Words 2 APA Cited References

Please reply to the below discussion post in at least 250 words and 2 APA cited references.

Reference at least one source from among the required or recommended
readings and at least one credible, peer-reviewed outside source (a
scholarly reference other than the textbook or readings); cite
references according to proper CSU-Global Guide to Writing & APA (Links to an external site.)standards.

Required

Recommended

  1. Why is it important to review the market for new suppliers, or options, to fulfill a procurement need?
  2. What role does legal and regulatory compliance play in project procurement?
  3. What criteria are used to evaluate bids?
  4. How are these criteria defined? E.g., others’ input, research, etc.