Article Date: 07/22/2016

Editor’s Notes

By Bruce Jervis

A bid is unbalanced when it fails to rationally allocate cost, overhead and profit among the various work items. As a general rule, a public project owner may accept a “mathematically unbalanced” bid unless it creates unreasonable risk for the owner. In that case, the bid is considered “materially ... Log in to view the full text.

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