Prior to circulating the service specification to a tendering supplier, it is good practice for the purchasing organisation to request completion of a non-disclosure agreement. Is this statement correct?
A.
No, because the non-disclosure agreement has no legal standing
B.
Yes, because the non-disclosure agreement protects intellectual property
C.
Yes, because the non-disclosure agreement encourages transparent bidding
D.
No, because the non-disclosure agreement only applies after contracting
Non-disclosure agreements (NDAs) are legally binding documents that protect confidential and proprietary information, including intellectual property, during pre-contractual discussions. NDAs ensure that sensitive data shared during early engagement or tender development is not misused.
[Reference:CIPS L4M3 Commercial Contracting Study Guide, Chapter 3, Section 3.2.1 – Confidentiality agreements and intellectual property protection., , ]
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