Formal Advertising. For the purpose of obtaining expressions of interest from responsible bidders, formal advertising entails: (1) Preparation of a listing of specific bid packages on which competitive pricing will be solicited; and (2) Publicizing the invitation for expressions of interest in bidding through distribution to prospective bidders, posting in public places, publication in newspapers and construction trade journals, and such other means as may be appropriate, including minority trade organizations, in sufficient time to enable prospective bidders to prepare and submit their expressions of interest and qualifications and submit their bids before the time estimated for receipt of bids.
Appears in 5 contracts
Samples: Construction Management Agreement, Construction Management Agreement, Construction Management Agreement
