Construction Contract Administration

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The Nature of Public Bid Projects  

09-24-2014 02:29 PM

by Yu-Ngok Lo, AIA, LEED AP

Excerpt

In the realm of publicly funded projects, the contract award process is very different from most residential, commercial, or other privately funded projects. State and local laws often govern the conduct of public bidding. The purpose of these laws is to eliminate favoritism, fraud, and corruption in the award of public contracts. They are also intended to prevent the misuse of public funds and to provide all qualified bidders with fair bidding opportunities. All of this sounds good, and the lawmakers’ intentions are certainly noble. However, is the public bidding process working as effectively as it is meant to?

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