Section 550.331  Formal Advertising – Public Notice and Bids

a)         The Agency shall give public notice of the solicitation as required by Subpart B, inviting bids and stating when and how the bidding documents may be obtained and examined.

b)         The Agency shall allow adequate time, generally not less than 30 days, between the date the public notice is first published and the date by which bids must be submitted.

c)         Bidding documents shall include:

1)         A complete statement of work to be performed, including, where appropriate, design drawings and specifications and the required performance schedule;

2)         The terms and conditions of the contract to be awarded, including, where appropriate, payment, delivery schedules, point of delivery, and acceptance criteria;

3)         A clear explanation of the method of bidding and the method of evaluating bid prices, and the basis and method for awarding the contract;

4)         The responsibility requirements or criteria which will be employed in evaluating bidders;

5)         The prevailing wage determination, made under the Davis-Bacon Act, if applicable; and

6)         The deadline and place to submit bids and a copy of Section 550.313, Standard Contract Clauses under 550.360, and Subpart D.

d)         The Agency shall publicly open bids at the place, date, and time announced in the bidding documents.