41 C.F.R. § 102-38.85

Current through September 30, 2024

Section 102-38.85 - What is a sealed bid sale?

A sealed bid sale is a sale in which bid prices are kept confidential until bid opening. Bids are submitted either electronically or in writing according to formats specified by the selling agency, and all bids are held for public disclosure at a designated time and place.

41 C.F.R. § 102-38.85