Our board has not put in any contracts to bid in years, they also admit this in open community meetings saying : “We love these guys and they are doing an excellent job”. The Board are also good personal friends with many vendors including the
Property Manager. As a result, contracts are not put out to bid, vendors increase their fees every year. It takes its toll on the residents but the Board cares less. It does not make sense why the Board agrees to this because this money is also (supposedly) coming out of their pockets as well. This leads me to one conclusion: the vendors must be providing some type of “personal” services to the board members or perhaps they’re even paying the board just to keep the contracts. Obviously, I cannot make such accusations without proofs, this is just my intuition. How should I go about this? The Board members have been on the board for almost 14 (!) years now - Is this legal at all? Please advise!