Mr. Speaker, all TBS contracts are issued in accordance with government contract regulations and Treasury Board contracting policy, guidelines and procedures.
One of the fundamental principles of federal contracting is openness in providing suppliers with opportunities to submit bids for government contracts. When departments choose a non-competitive procurement strategy, it must be fully justified and recorded. From the perspective of value for money, the cost of awarding a contract outweighs any economic advantage associated with competing for goods under $25,000 and services in construction contracts under $40,000.