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Simple English definitions for legal terms

lowest responsible bidder

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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.

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BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
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