The payment of this kind of high quality or other demand can be comprised of resources obtained from your federal govt or in the state or any governmental subdivision thereof, or from resources derived by a tax levy or the issuance of bonds.
Right after having into consideration conformity Together with the specs, conditions of supply, as well as other ailments imposed within the demand bids, each and every this sort of agreement for which a demand bids has been issued must be awarded to the lowest responsible bidder, be duly executed in creating, and become otherwise conditioned as demanded by law. The individual to whom the deal is awarded shall provide a enough bond to the board for its faithful efficiency. Notwithstanding segment 574.26 or any other legislation on the contrary, on a agreement restricted to the acquisition of the concluded tangible item, a board may possibly demand, at its discretion, a general performance bond of the contractor in the quantity the board considers vital. A document should be stored of all bids, with names of bidders and quantity of bids, and While using the effective bid indicated thereon. A bid containing an alteration or erasure of any rate contained from the bid which is Utilized in figuring out the bottom liable bid must be rejected Until the alteration or erasure is corrected as provided During this section. An alteration or erasure may very well be crossed out and the correction thereof printed in ink or typewritten adjacent thereto and initialed in ink by the individual signing the bid. In the situation of identical low bids from two or maybe more bidders, the board may well, at its discretion, employ negotiated procurement approaches with the tied very low bidders for that individual transaction, so long as the cost paid out doesn't exceed the very low tied bid selling price.
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