Vermont Statutes Title 19 Sec. 2605
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Terms Used In Vermont Statutes Title 19 Sec. 2605
- Agency: means the Agency of Transportation. See
- Contract: A legal written agreement that becomes binding when signed.
- Proposal: means a conditional offer of a private entity that, after review, negotiation, and documentation, and after legislative approval if required under this subchapter, may lead to a P3 agreement as provided in this subchapter. See
- Proposer: means an individual, firm, corporation, limited-liability company, partnership, joint venture, sole proprietorship, or other entity that submits a proposal. See
§ 2605. Low-bid award
If the basis of the award of responsive proposals is low-bid, then each proposal, including the price or prices, shall be sealed by the proposer and submitted to the Agency as one complete package. The Agency shall award the design-build contract to the proposer that submits a responsive proposal with the lowest cost, if the proposal meets all request-for-proposals requirements. (Added 2009, No. 50, § 84.)