low bid

low bid

A bid stating the lowest bid price, including selected alternates, and complying with all bidding requirements.
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1% if the amount of the award is between 10% and 15% low bid on the budget,
Outdated and overly complex space planning standards for workstations and offices; lack of provision for flexibility to respond to change without disruption or major cost; high workstation panels and many individual offices that can deter teamwork; lack of daylight for those in workstations, due to perimeter offices and high panels; procurement methods for design services based on low bid or turnkey packages; product procurement based on single, outmoded or inappropriate sources, limiting creativity of solution, competitive bidding, and aesthetic considerations; program development based on status quo, limiting creative thinking about functional needs or reevaluation of methods of working.
Low Bid has become the established procurement goal, displacing emphasis on quality and product life cycle
Wisconsin Constructors LLC has submitted the low bid for Interstate 94 work between College and Howard avenues in Milwaukee west of General Mitchell International Airport.
All three were opened a week earlier by selectmen and the bids were taken under advisement for a week to determine if the apparent low bid by Premier Fence met all of the bid requirements.
After weeks of research and some lively arguments with the city's contracting department, the latter finally had to admit that there was provision in the law for "personal service contracts" to be entered into based on criteria other than low bid.
This project was not the typical low bid job, but rather was procured under an approach known as Construction Manager at Risk.
Armstrong Elevator Company protests the rejection of its low bid as nonresponsive under invitation for bids (IFB) No.
It is only when an auction results in a low bid, which is accepted by the local government buyer, and a purchase order is issued that any fees are charged.
Three bidders is the base (excluded) variable, so the coefficients report the effects on the low bid as the number of bidders changes from three, and reported t-statistics test for significance compared to the three-bidder base.
Any such statements are subject to risks and uncertainties (including the risk that an apparent low bid may not result in a confirmed contract if, on further analysis, the owner determines that the Company was not actually the low bidder or if the owner decides not to proceed with the contract), overall economic and market conditions, competitors' and customers' actions, and weather conditions, which could cause actual results to differ materially from those anticipated, including those risks identified in the Company's filings with the Securities and Exchange Commission.
EAST BROOKFIELD -- The tentative low bid for the installation of 1,600 feet of guardrail along Howe Street has been submitted by Premier Fence of Avon.