Common use of Negotiation with lowest responsible bidder Clause in Contracts

Negotiation with lowest responsible bidder. Unless canceled or rejected, a responsive bid from the lowest responsible bidder shall be accepted as submitted, except that if the bid from the lowest responsible bidder exceeds available funds, the Institution may negotiate with the apparent low bidder to obtain a contract price within available funds. However, the negotiation may be undertaken only under conditions and procedures described in writing and approved by the Institution prior to issuance of the invitation to bid and summarized therein.

Negotiation with lowest responsible bidder. Unless canceled or rejected, a responsive bid from the lowest responsible bidder shall be accepted as submitted, except that if the bid from the lowest responsible bidder exceeds available funds, the Institution may negotiate with the apparent low bidder to obtain a contract price within available funds. However, the negotiation may be undertaken only under conditions and procedures described in writing and approved by the Institution prior to issuance of the invitation Invitation to bid Bid and summarized therein.

Negotiation with lowest responsible bidder. (the Rules §15.) Unless canceled or rejected, a responsive bid from the lowest responsible bidder Bidder shall be accepted as submitted, except that if the bid from the lowest responsible bidder Bidder exceeds available funds, the Institution may negotiate with the apparent low bidder Bidder to obtain a contract price within available funds. However, the negotiation may be undertaken only under conditions and procedures described in writing and approved by the Institution prior to issuance of the invitation Invitation to bid Bid and summarized therein.