Waived Bidding Clause Samples
The Waived Bidding clause allows a party, typically the owner or client, to bypass the standard requirement of soliciting multiple bids for a project or procurement. Instead of conducting a competitive bidding process, the party may directly select a contractor or supplier, often due to urgency, specialized expertise, or pre-existing relationships. This clause streamlines procurement by saving time and administrative effort, and is particularly useful when speed or unique qualifications are critical, thereby addressing the need for flexibility in sourcing goods or services.
Waived Bidding. Owner may waive in writing the Self-Performed Work bidding and proposal requirements set forth in Section 2.7.1. In that event, Design-Builder or its Affiliate shall have: (i) procured all necessary Government Approvals to commence the Self-Performed Work; (ii) an Owner-approved GMP for the Self-Performed Work, including its applicable General Conditions Work costs; and (iii) an Owner-approved Construction Schedule for the Self-Performed Work. Owner shall pay for all Self-Performed Work labor at Design-Builder’s or its Affiliate’s cost as verified by actual labor rates, including from certified payrolls, and all Self-Performed Work equipment at pre-approved rates, all subject to the Self-Performed Work GMP.