Bids must be opened and read aloud at:

Bids must be opened and read aloud at a regular meeting of the executive board to ensure transparency and accountability in the bidding process. This public setting allows all members of the executive board to hear the bids simultaneously, promoting fairness and reducing the risk of favoritism or corruption. It also provides an opportunity for homeowners to be involved, observe the process, and voice any concerns or feedback regarding the bids for maintenance, services, or projects within the community.

In contrast, options that involve closed meetings or executive sessions may limit community member access and reduce transparency. These types of meetings typically deal with sensitive issues that do not pertain to open business affairs like the opening of bids, which require public scrutiny to uphold ethical governance standards in community management.