Warning

Info

LSDefine

Simple English definitions for legal terms

lowest responsible bidder

Read a random definition: elected domicile

A quick definition of lowest responsible bidder:

Lowest Responsible Bidder: The lowest responsible bidder is the person or company who offers the lowest price for a project while still being able to complete the work properly. They must have a good track record of completing similar projects and be financially capable of doing the work.

A more thorough explanation:

A lowest responsible bidder is a person or company who offers the lowest price for a project or job, while also meeting all the requirements and specifications of the contract. The bidder must also have a proven track record of completing similar projects successfully.

For example, if a city needs to build a new bridge, they will put out a request for bids from construction companies. The lowest responsible bidder will be the company that offers the lowest price for the project, while also having the necessary experience and resources to complete the job.

Another example could be a company looking to hire a contractor to build a new office building. The lowest responsible bidder would be the contractor who offers the lowest price for the project, while also having a history of completing similar projects on time and within budget.

These examples illustrate how the lowest responsible bidder is chosen based on both their price and their ability to complete the project successfully. It is important to choose a bidder who is financially stable and has a good track record to ensure that the project is completed on time and within budget.

lower scale | low-grade security

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
You can calculate it here
LSD+ is ad-free, with DMs, discounts, case briefs & more.