New study reveals impact of bid mistakes on highway construction contracts.
This supplementary material provides detailed information on competitive bidding and awarding of highway construction contracts. It covers topics such as the purpose of competitive bidding, requirements for federal contracts, state laws, advertisement for bids, bid preparation, submission, and contract award. The new topic added discusses the rejection of all bids and readvertisement in case of bid mistakes. The material aims to help ensure fair and transparent processes in awarding construction contracts.