This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
BID EXTENSION. The phrase Bid Extension (aka Anti-Sniping or Soft Close) is meant to describe the measures used to address bidding practices where a bidder tries to win an item at the last second by placing a bid as late as possible before the online bidding ends.
Effective January 1, 2025, the competitive bidding threshold for numerous Ohio public entities as set forth in Ohio Revised Code (“ORC”) Section 9.17 increased from $75,000 to $77,250 through 2025.
Section 731.14 | Contracts by legislative authority of a village - exception. Ohio Revised Code. Title 7 Municipal Corporations. Chapter 731 Organization.
Your letter of intent to bid should include: The name of your company. Name of the proposal contact. The name or reference number of the RFP you're responding to. A clear statement of your intention to submit a proposal. Your sign off and signature.
Bid Express is a web-based service that provides contractors with an electronic submission of bids.
A bid threshold is the dollar amount set by a governing body which dictates when formal procurement procedures must be initiated for contracts. Typically, this means that if an anticipated contract's value exceeds the bid threshold, a competitive bidding process is required by law.
BIDDING RULES: The Bidding Rules refer to the information and terms defined specifically for a particular auction. The Inactivity Time applicable for the particular Online Bid shall be visible to the bidders under the Bidding Rules module on the engine.