Va. Code Ann. § 2.2-4318
This is the official text of Va. Code Ann. § 2.2-4318, part of Virginia’s Code of Virginia — the complete compiled statutory law of Virginia, organized into 60+ numbered titles by subject.
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Negotiation with lowest responsible bidder
Official statutory text
Unless canceled or rejected, a responsive bid from the lowest responsible bidder shall be accepted as submitted, except that if the bid from the lowest responsible bidder exceeds available funds, the public body may negotiate with the apparent low bidder to obtain a contract price within available funds. However, the negotiation may be undertaken only under conditions and procedures described in writing and approved by the public body prior to issuance of the Invitation to Bid and summarized therein.
1982, c. 647, § 11-53; 2001, c. 844 .
1982, c. 647, § 11-53; 2001, c. 844 .
Status: in_force · Read it on the official government site
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