Section 16.11 Low Bid Factor of Coefficient
| Library | Construction Law 2016 Supp |
a. (§16.11) Low Bid Factor of Coefficient
An initial sign of potential contract problems is when one contractor’s bid factor is substantially lower than the next lowest bid.
Another issue arises when the coefficient is not based on clearly defined parameters, which in turn creates the potential for the government paying for services not actually performed. Unless otherwise specified, the typical contract states that certain items are included within the overall JOC coefficient, which applies to all...
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