Identify. the Procuring Entity identifies a potential Abnormally Low/High Bid based on comparison with known prevailing market rates or with the project’s total cost estimate.
Appears in 2 contracts
Sources: Framework Contract, Framework Contract
Identify. the The Procuring Entity identifies a potential Abnormally Low/High Bid based on comparison with known prevailing market rates or with the project’s total cost estimate.
Appears in 1 contract
Sources: Performance Based Contract