§ 39.04.015. Adjustment to bid price -- Conditions
Notwithstanding the provisions of RCW 39.04.010, a state contracting authority is authorized to negotiate an adjustment to a bid price, based upon agreed changes to the contract plans and specifications, with a low responsive bidder under the following conditions:
(1) All bids for a state public works project involving buildings and any associated building utilities and appendants exceed the available funds, as certified by the appropriate fiscal officer;
(2) The apparent low responsive bid does not exceed the available funds by: (a) Five percent on projects valued under one million dollars; (b) the greater of fifty thousand dollars or two and one-half percent for projects valued between one million dollars and five million dollars; or (c) the greater of one hundred twenty-five thousand dollars or one percent for projects valued over five million dollars; and
(3) The negotiated adjustment will bring the bid price within the amount of available funds.
[1989 c 59 § 1.]Sections: Previous 39.04.010 39.04.015 39.04.020 39.04.040 39.04.050 39.04.060 39.04.070 39.04.080 39.04.100 39.04.105 39.04.107 39.04.110 39.04.120 39.04.130 39.04.133 Next
Last modified: April 7, 2009