Or. Admin. Code § 731-005-0490
Current through Register Vol. 63, No. 11, November 1, 2024
Section 731-005-0490 - Bids Are Offers(1) Offer and Acceptance. The Bid is the Bidder's Offer to enter into a Contract. The Offer is a "Firm Offer," i.e., the Offer shall be held open by the Offeror for ODOT's acceptance for the period specified in OAR 731-005-0630. ODOT's award of the Contract constitutes acceptance of the Offer and binds the Offeror to the Contract.(2) Responsive Offer. ODOT may award a Contract only to a Responsible Offeror with a Responsive Offer.(3) Contingent Offers. Except to the extent the Offeror is authorized to propose certain terms and conditions pursuant to OAR 731-005-0470 and 731-005-0650, an Offeror shall not make its Offer contingent upon ODOT's acceptance of any terms or conditions (including Specifications) other than those contained in the Solicitation Document.(4) Offeror's Acknowledgement. By signing and returning the Offer, the Offeror acknowledges it has read and understands the terms and conditions contained in the Solicitation Document and that it accepts and agrees to be bound by the terms and conditions of the Solicitation Document.Or. Admin. Code § 731-005-0490
DOT 2-2005, f. 2-16-05, cert. ef. 3-1-05; DOT 4-2018, amend filed 04/26/2018, effective 4/26/2018; DOT 1-2024, amend filed 05/09/2024, effective 6/1/2024Statutory/Other Authority: ORS 184.619, 279A.050 & 279A.065
Statutes/Other Implemented: ORS 279C.375, 279C.395 & 279C.440