legal · go-v.org

Informal competitive bidding.

CFR · 2024-01-01 · US · Title 7

Informal competitive bidding may be used for equipment purchases and generation construction. The borrower must use the following procedure for informal competitive bidding: (a) (b) (c) (d) (e) (f) (g) (1) (2) (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:§ 1726.202