Common use of COMPETITIVE BID REQUIREMENTS Clause in Contracts

COMPETITIVE BID REQUIREMENTS. Grantee shall secure at least three competitive bids or price quotes for goods (including equipment) or services authorized in the Application with revisions, if any, and any amendments (Exhibit C), where the amount charged to the grant is $5,000 or more. Grantee shall purchase such goods or services from the lowest qualified bidder or pay the difference between the low bid and the one selected, without using funds obtained pursuant to this Agreement. Grantee shall maintain documentation of the competitive bid process used and provide documentation to the Grant Manager. This competitive bid requirement may be waived upon grantee certification and Grant Manager approval prior to the expenditure of any funds that due to the unique nature of the goods or services a sole source purchase is justified. Failure to comply with competitive bid requirements may result in CalRecycle disallowing reimbursement of some portion or all of the related costs and/or other remedies for breach pursuant to Clause 24 above.

COMPETITIVE BID REQUIREMENTS. Grantee shall secure at least three competitive bids or price quotes for goods (including equipment) or services authorized in the Application with revisions, if any, and any amendments (- Exhibit C), where the amount charged to the grant is $5,000 or more. Grantee shall purchase such goods or services from the lowest qualified bidder or pay the difference between the low bid and the one selected, without using funds obtained pursuant to this Agreement. Grantee shall maintain documentation of the competitive bid process used and provide documentation to the Grant Managerused. This competitive bid requirement may be waived upon grantee Grantee certification and Grant Manager approval prior to the expenditure of any funds that due to the unique nature of the goods or services a sole source purchase is justified. Failure to comply with competitive bid requirements may result in CalRecycle disallowing reimbursement of some portion or all of the related costs and/or other remedies for breach pursuant to Clause 24 #23 above.