Construction Quote [IFB less than $75,000]

Construction Quote [IFB less than $75,000]. A. Any UA procuring construction under $75,000 may authorize its designee to accept the lowest and best competitive written bid without publishing or advertising, provided at least two [2] competitive written bids have been obtained by the UA. The term competitive written bid shall mean a sealed bid submitted within the designated timeframe on a bid form furnished by the UA or submitted on letterhead and signed by authorized personnel. Such bids shall be independently developed based upon comparable identification of the needs and without knowledge of other bids or prospective bids. Any bid item for construction exceeding $5,000 shall be broken down by components to provide detailed component description and pricing, including bonding and insurance. Such details shall be submitted with the written bid and will become part of the bid evaluation criteria. Construction quotes of less than $5,000 may be obtained without advertising or otherwise requesting competitive bids.