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responsible bidder |
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lowest responsible bidder, lowest qualified bidder The bidder who submits the lowest bona fide bid and is considered to be fully responsible and qualified to perform the work, 1 for which the bid is submitted. In the case of private construction contracts, the decision as to the bidder’s responsibility and qualification usually is made by the owner and the architect. In public contracts, a decision disqualifying a low bidder may have to be made on a reasonable basis rather than an arbitrary one. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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