Posts Tagged ‘formal bids’

Signed, Sealed, Delivered: When Sealed Bids Are Required

Wednesday, February 23rd, 2011

Your school system is bidding out a $1.2 million school construction project. Because the total cost of the project will exceed the formal bidding threshold for construction and repair ($500,000), you’ve advertised for formal bids. The bids are due tomorrow at 2 p.m. Right before you leave the office for the day, your phone rings. […]