The development phase of contracting involves drafting, negotiating, and finalizing the contract terms for a business activity. This phase ensures that agreements align with legal and operational requirements before execution.
Option A (Initiation phase) involves identifying needs and planning but does not include drafting contracts.
Option B (Bidding phase) focuses on soliciting and evaluating proposals but does not yet involve contract drafting.
Option D (Management phase) occurs after contracts are finalized and focuses on monitoring performance.
Since the development phase is when contracts are written and finalized, Option C is correct.
Chosen Answer:
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