Formal competitive bidding.

CFR · 2024-01-01 · US · Title 7

Formal competitive bidding is used for distribution, transmission, and headquarters facilities, and may be used for generation facilities. The borrower must use the following procedure for formal competitive bidding: (a) (b) (c) (d) (e) (f) (1) (2) (3) (4) (5) (6) (7) (g) (h) (i) (1) Resolve to award the contract to the lowest evaluated responsive bidder; or (2) Reject all bids. (j)

official document · source cfr-2024 · id 7:§ 1726.201