Dictionary of Procurement Terms

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  • Unbalanced Bid

    A bid that contains pricing aberrations. This may happen in time and material contracts or construction contracts where upfront payment may be made for mobilization. Unbalanced bids may be deemed to be non-responsive, and may be both mathematically unbalanced and materially unbalanced. Many public entities utilize a bid analysis procedure to help identify unbalanced bids. (Martin & Miller, 2006)

    See Also: Front-End Loading