What is one of the conditions for Competitive Contracting?

One of the key conditions for Competitive Contracting is that it must have a Board Resolution to authorize its use. This requirement is significant because it ensures that there is formal approval from the governing body overseeing the contracting process. The Board Resolution serves as an official record of the decision to engage in Competitive Contracting and establishes the framework within which the procurement will occur.

This requirement is designed to enhance accountability and transparency in the procurement process. By obtaining a Board Resolution, the governing body demonstrates that they have thoroughly considered the implications of using Competitive Contracting and have agreed upon its methodology, thus providing a solid foundation for the process that follows. This step ensures that all contractual obligations and commitments are aligned with the entity's goals and compliance standards. Without such a resolution, the integrity of the contracting process may be compromised, leading to issues in governance and the validity of the contracts awarded.

The other conditions outlined in the options do not fully encapsulate the critical governance aspect that a Board Resolution represents.