§ 1726.204 - Multiparty unit price quotations.

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§ 1726.204 Multiparty unit price quotations.
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Link to an amendment published at 89 FR 17275, Mar. 11, 2024.
The borrower or its engineer must contact a sufficient number of suppliers or contractors to assure competition and so that at least three bids will be received. On the basis of written unit price quotations, the borrower will select the supplier or contractor based on the lowest evaluated cost.

                    
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§ 1726.204 - Multiparty unit price quotations.

§ 1726.204 Multiparty unit price quotations.

Cross Reference