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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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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