7 C.F.R. § 1726.204

Current through May 31, 2024
Section 1726.204 - [Effective until 6/10/2024] Multiparty unit price quotations

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.

7 C.F.R. §1726.204