Common use of Competitive Bids for the Project Clause in Contracts

Competitive Bids for the Project. For contracts expected to exceed $25,000, Grantee shall competitively solicit vendors for materials, labor, and professional services for the construction portion of the Project as required by Sections 1013.47 and 287, Florida Statutes, and Section 6A-14.0734 Florida Administrative Code, and/or Grantee’s established competitive bidding procedures (a copy of which shall be uploaded to Triumph’s SmartSheet system), as applicable. Grantee shall be allowed to submit a bid to do the work in-house. Upon determination of the winning bidder, but before Grantee formally accepts the bid, enters into any contract, or in any way obligates itself to accept the bid, Grantee shall submit to Triumph for its approval, the name of the proposed vendor and all documentation relating to the evaluation of the various bids submitted. Triumph shall have fifteen (15) days from the receipt of the submitted material to notify Grantee of its approval or disapproval of such proposed award. If Triumph fails to approve or disapprove of the election within such fifteen (15) day period, the award shall be deemed approved. Upon approval, Grantee shall issue its intent to award to that vendor. Triumph shall have the right to review and approve all Contracts (as defined in Section 5.7 below) in accordance with Section 5.7 below.

Competitive Bids for the Project. For contracts expected to exceed $25,000, Grantee shall competitively solicit vendors for materials, labor, and professional services for the construction portion of the Project as required by Sections 1013.47 and 287, Florida Statutes, and Section 6A-14.0734 Florida Administrative Code, and/or Grantee’s established competitive bidding procedures (a copy of which shall be uploaded to Triumph’s SmartSheet system), as applicable. Grantee shall not be allowed to submit a bid to do the work in-house. Upon determination of the winning bidder, but before Grantee formally accepts the bid, enters into any contract, or in any way obligates itself to accept the bid, Grantee shall submit to Triumph for its approval, the name of the proposed vendor and all documentation relating to the evaluation of the various bids submitted. Triumph shall have fifteen (15) days from the receipt of the submitted material to notify Grantee of its approval or disapproval of such proposed award. If Triumph fails to approve or disapprove of the election within such fifteen (15) day period, the award shall be deemed approved. Upon approval, Grantee shall issue its intent to award to that vendor. Triumph shall have the right to review and approve all Contracts (as defined in Section 5.7 below) in accordance with Section 5.7 below.

Competitive Bids for the Project. For contracts expected to exceed $25,000100,000, Grantee shall competitively solicit vendors for materials, labor, and professional services for the construction portion of the Project as required by Sections 1013.47 and 287, Florida Statutes, and Section 6A-14.0734 Florida Administrative Code, and/or Grantee’s established competitive bidding procedures (a copy of which shall be uploaded to Triumph’s SmartSheet system), as applicable. Grantee shall not be allowed to submit a bid to do the work in-house. Upon determination of the winning bidder, but before Grantee formally accepts the bid, enters into any contract, or in any way obligates itself to accept the bid, Grantee shall submit to Triumph for its approval, the name of the proposed vendor and all documentation relating to the evaluation of the various bids submitted. Triumph shall have fifteen (15) days from the receipt of the submitted material to notify Grantee of its approval or disapproval of such proposed award. If Triumph fails to approve or disapprove of the election within such fifteen (15) day period, the award shall be deemed approved. Upon approval, Grantee shall issue its intent to award to that vendor. Triumph shall have the right to review and approve all Contracts (as defined in Section 5.7 below) in accordance with Section 5.7 below.

Competitive Bids for the Project. For contracts expected to exceed $25,000250,000, Grantee shall competitively solicit vendors for materials, labor, and professional services for the construction portion of the Project as required by Sections 1013.47 and 287, Florida Statutes, and Section 6A-14.0734 Florida Administrative Code, and/or Grantee’s established competitive bidding procedures (a copy of which shall be uploaded to Triumph’s SmartSheet system), as applicable. Grantee shall not be allowed to submit a bid to do the work in-house. Upon determination of the winning bidder, but before Grantee formally accepts the bid, enters into any contract, or in any way obligates itself to accept the bid, Grantee shall submit to Triumph for its approval, the name of the proposed vendor and all documentation relating to the evaluation of the various bids submitted. Triumph shall have fifteen (15) days from the receipt of the submitted material to notify Grantee of its approval or disapproval of such proposed award. If Triumph fails to approve or disapprove of the election within such fifteen (15) day period, the award shall be deemed approved. Upon approval, Grantee shall issue its intent to award to that vendor. Triumph shall have the right to review and approve all Contracts (as defined in Section 5.7 below) in accordance with Section 5.7 below.