Contracts & ExecutionQuestion 186 of 1632
Three contractors submit sealed bids of $182,000, $176,500, and $189,300 for the same defined scope. The lowest responsible, responsive bid is:
a.$176,500
b.$189,300
c.$182,000
d.The average of the three bids
Explanation
Competitive bidding awards the contract to the lowest responsible and responsive bidder. Among $182,000, $176,500, and $189,300, the lowest is $176,500.
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)