How are bids and contracts awarded by a municipality?
In Oklahoma, bids and contracts are awarded by a municipality through public solicitation. This is done when the municipality gives public notice of their intent to acquire material, services, or construction. This notice will contain information regarding the project, its cost, and the bid specifications. The municipality can determine the number of bidders allowed, usually up to five, and will also set a deadline for the bids to be submitted. Qualified bidders will then provide their bids in the form of a sealed envelope, and they will be opened in public. The municipality will evaluate the bids based on lowest costs, quality of the proposed product or service, and any other specific requirements set out in the notice. Once all bids have been evaluated, the municipality will select the winning bidder and negotiate a contract ensuring that the bidder can deliver what has been promised. The contract may include details such as performance standards, payment terms, and any other contingent circumstances that may arise. The municipality must also consider the best interests of the tax payers when awarding the bids. The final contract will then be signed and the project will be underway. It is important to note that the municipality has the right to reject any and all bids, and they may also reject all bids and re-advertise for other potential bidders.
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