Common use of Notice and instructions to bidders Clause in Contracts

Notice and instructions to bidders. The borrower must indicate in the ‘‘Notice and Instructions to Bidders’’ section of the bid documents that bids will be opened privately. The borrower may elect to conduct clarifying discus- sions with the bidders. If such clari- fying discussions are held, at least the three apparent low evaluated bidders must be given an equal opportunity to resolve any questions related to the substance of the bidder’s proposal and to arrive at a final price for a respon- sive bid.

Appears in 3 contracts

Samples: Electric System Communication and Control Equipment Contract, Electric System Communication and Control Equipment Contract, General Plant Materials Contract

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Notice and instructions to bidders. The borrower must indicate in the ‘‘Notice and Instructions to Bidders’’ section of the bid documents that bids will be opened privately. The borrower may elect to conduct clarifying discus- sions negotiations with the bidders. If such clari- fying discussions negotiations are held, at least the three apparent low evaluated bidders must be given an equal opportunity to resolve any questions ques- tions related to the substance of the bidder’s proposal and to arrive at a final price for a respon- sive bidprice.

Appears in 3 contracts

Samples: Electric System Communication and Control Equipment Contract, General Plant Materials Contract, Multiparty Negotiation Procedures

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