Formal bidding definition
Formal bidding means the solicitation of bids with written specifications and pursuant to publication of a Notice Inviting Bids at least once a week for two successive weeks in a newspaper of general circulation, the last publication to be made not less than two weeks nor more than six weeks prior to the opening of bids.
Formal bidding means a contractor selection procedure that substantially complies with the process set forth in article V of this chapter for public works projects.
Formal bidding means bidding conducted pursuant to the procedure set forth in Section 4.12.310B.
Examples of Formal bidding in a sentence
Formal bidding procedures have been followed in conformance with the State Public Contract Code and the City of ▇▇▇▇▇ ▇▇▇▇▇ Municipal Code.
More Definitions of Formal bidding
Formal bidding means the procedure to be followed in the solicitation and receipt of sealed bids, wherein:
Formal bidding means issuing a solicitation to qualified Bidders that is prepared, advertised, and distributed with the intent of receiving bids or proposals in a sealed envelope(s) to be publicly opened at a set date and time. Formal bids are required when the estimated cost of the service or material is expected to be $25,000.00 or more. (Amended 03/17/11; O- 2011-02)
Formal bidding means bidding conducted pursuant to the procedure set forth in this policy.