Contract base bid definition

Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

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Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid

Contract base bid means the total dollar amount a contractor bids on a contract without

Examples of Contract base bid in a sentence

• CONTRACTOR shall provide a unit price bid for Restoration–Sod, which shall be used to calculate the Contract base bid.

• The deductive alternative shall be subtracted from the Contract base bid to determine the Contract alternative bid.

• The project may be awarded based on either the Contract base bid or the Contract alternative bid.