How to Do Business with Treasury
Part II: Sealed Bidding
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Sealed bidding is a method of contracting that employs
competitive bids, public opening of bids, and awards. Each sealed bid
includes technical specifications, delivery or completion dates, place
and method of delivery, nature and number of reports or manuals which
may be required, operational tests and instructions, and other items
which should be considered in submitting a bid. The terms and conditions
are set forth in detail as are the date, hour, and place where bids
will be publicly opened and recorded. Contract clauses are generally
incorporated by reference. Unless specifically authorized, a telegraphic
or alternate bid will not be considered.
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