Wis. Admin. Code Department of Natural Resources § NR 736.03 - Definitions
Current through March 28, 2022
In this chapter:
(2)"Bid" means a completed standard bid form
on which the bidder has set forth the price or prices for which the bidder
shall be willing to enter into a contract to perform and complete the work bid,
in full compliance with the contract documents.
(3)"Bidder" means a person that submits a
bid.
(4)"Bidder's authorized
representative" means an individual who has been provided, in writing, the
authority to act in the bidder's behalf.
(5)"Bidding period" means the time from the
date of first posting of the public notice to the time of bid
opening.
(6)"Bid guarantee" means a
properly executed form of bid bond, a bank certified check, or a cashier's
check, in an amount equal to 10% of the highest combination base bid or bids
and alternate bids submitted.
(7m)"Public notice" means a posting of a
project and the procedures to be used to submit a bid for the project on a
publicly accessible website.
(8)"Supporting document" means those
documents submitted with a bid, including the bid guarantee, a power of
attorney if a bid bond is submitted as bid guarantee, required affidavit forms
and other information specifically requested by the department.
Notes
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