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Printed On:Colorado Department Of Transportation Page 1 of 1Low Bid Summary Letting Date:Call Order 007November 30, 2017Contract ID C22150Letting Totals12/01/2017Project(s) ITSSW02003# of Bids 44Low
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Low bid summary is a detailed report that includes information on the bids received for a project, such as the names of bidders, bid amounts, and any relevant notes or qualifications.
Contracting agencies are typically required to file the low bid summary to document the bidding process and ensure transparency in awarding contracts.
To fill out a low bid summary, the contracting agency must gather information on the bids received, including bid amounts, bidder names, and any additional notes or qualifications. This information is then compiled into a report.
The purpose of a low bid summary is to document the bidding process for a project, including the bids received and the reasons for awarding the contract to a specific bidder. This helps ensure transparency and fairness in the awarding of contracts.
Information that must be reported on a low bid summary includes the names of bidders, bid amounts, any qualifications or notes related to the bids, and the eventual outcome of the bidding process.
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