Which of the following is NOT one of the five methods used to issue and manage a public sector tender?

The competitive auction procedure is not one of the recognized five methods typically used to issue and manage a public sector tender. The primary methods include the open procedure, where any interested party can submit a tender; the restricted procedure, which limits participation to pre-qualified suppliers; and the innovation partnership procedure, aimed at encouraging suppliers to develop innovative solutions in response to public sector needs.

In public procurement, methods like open and restricted procedures are established frameworks to ensure transparency and non-discrimination, while the innovation partnership focuses on collaborative development. The absence of a defined competitive auction procedure in these recognized methods highlights the structured approach public sector tenders must adhere to, prioritizing fairness and equal opportunity among bidders. The concept of auctions does exist but is generally not categorized as one of the main tendering methods in public procurement policies.