What is the maximum number of vendors to contact if the value of the contract is between $1M to $5M?

In Texas procurement policies, for contracts valued between $1 million and $5 million, the regulations stipulate that a minimum of three vendors must be contacted, but no more than six. This requirement ensures competition while also maintaining an efficient procurement process. Contacting six vendors allows the entity to obtain sufficient options and pricing information without overwhelming the procurement process with too many proposals, which could lead to inefficiencies. This balance is crucial for ensuring effective expenditure of public funds while still adhering to competitive practices.

The other choices suggest either a higher number of vendors or no maximum limit, which does not align with established guidelines. While more vendors could theoretically provide broader competition, in practice, regulatory constraints help streamline the procurement, making the maximum of six vendors the correct answer.