A company put a job out to tender. The tendering process requires the company to follow certain rules typically associated with this process. Which of the following is most likely not a requirement in a tendering process?
◦ The company must accept the lowest bid price.
◦ The company must treat all parties equally and in good faith.
◦ The company must accept only bids that comply with the terms of the tender.
◦ The company must disclose all relevant information affecting the project.
◦ The company must not accept bids after the specified closing date.