Common use of Contractor Bid Review Meeting Clause in Contracts

Contractor Bid Review Meeting. Upon receipt of the Contractor’s bids, the Architect and the Owner shall hold meeting to review the bid tabulation, bonds and insurances. The Architect shall submit their review comments of the Contractor’s bid submittals, bonds and insurances for compliance accuracy to the contract documents. In addition, any bids over the statement of probable project cost by ten (10) percent or more will be sufficiently justified by the Architect before proceeding with award or recommended for rejection.

Contractor Bid Review Meeting. Upon receipt of the Contractor’s bids, the Architect Engineer and the Owner shall hold a meeting to review the bid tabulation, bonds and insurances. The Architect Engineer shall submit their review comments of the Contractor’s bid submittals, bonds and insurances for compliance accuracy to the contract documents. In addition, any bids over the statement of probable project cost by ten (10) percent or more will be sufficiently justified in writing by the Architect Engineer before proceeding with award or recommended for rejection.