14.304 Submission, modification, and withdrawal of bids. (2024)

(a) Bidders are responsible for submitting bids, and any modifications or withdrawals, so as to reach the Government office designated in the invitation for bid (IFB) by the time specified in the IFB. They may use any transmission method authorized by the IFB (i.e.,regular mail, electronic commerce, or facsimile). If no time is specified in the IFB, the time for receipt is 4:30 p.m., local time, for the designated Government office on the date that bids are due.

(b)

(1) Any bid, modification, or withdrawal of a bid received at the Government office designated in the IFB after the exact time specified for receipt of bids is "late" and will not be considered unless it is received before award is made, the contracting officer determines that accepting the late bid would not unduly delay the acquisition; and-

(i) If it was transmitted through an electronic commerce method authorized by the IFB, it was received at the initial point of entry to the Government infrastructure not later than 5:00 p.m. oneworking day prior to the date specified for receipt of bids; or

(ii) There is acceptable evidence to establish that it was received at the Government installation designated for receipt of bids and was under the Government’s control prior to the time set for receipt of bids.

(2) However, a late modification of an otherwise successful bid, that makes its terms more favorable to the Government, will be considered at any time it is received and may be accepted.

(c) Acceptable evidence to establish the time of receipt at the Government installation includes the time/date stamp of that installation on the bid wrapper, other documentary evidence of receipt maintained by the installation, or oral testimony or statements of Government personnel.

(d) If an emergency or unanticipated event interrupts normal Government processes so that bids cannot be received at the Government office designated for receipt of bids by the exact time specified in the IFB, and urgent Government requirements preclude amendment of the bid opening date, the time specified for receipt of bids will be deemed to be extended to the same time of day specified in the IFB on the first work day on which normal Government processes resume.

(e) Bids may be withdrawn by written notice received at any time before the exact time set for receipt of bids. If the IFB authorizes facsimile bids, bids may be withdrawn via facsimile received at any time before the exact time set for receipt of bids, subject to the conditions specified in the provision at 52.214-31, Facsimile Bids. A bid may be withdrawn in person by a bidder or its authorized representative if, before the exact time set for receipt of bids, the identity of the person requesting withdrawal is established and the person signs a receipt for the bid. Upon withdrawal of an electronically transmitted bid, the data received must not be viewed and, where practicable, must be purged from primary and backup data storage systems.

(f) The contracting officer must promptly notify any bidder if its bid, modification, or withdrawal was received late, and must inform the bidder whether its bid will be considered, unless contract award is imminent and the notices prescribed in 14.409 would suffice.

(g) Late bids and modifications that are not considered must be held unopened, unless opened for identification, until after award and then retained with other unsuccessful bids. However, any bid bond or guarantee must be returned.

(h) If available, the following must be included in the contract files for each late bid, modification, or withdrawal:

(1) The date and hour of receipt.

(2) A statement, with supporting rationale, regarding whether the bid was considered for award.

(3) The envelope, wrapper, or other evidence of the date of receipt.

14.304 Submission, modification, and withdrawal of bids. (2024)

FAQs

14.304 Submission, modification, and withdrawal of bids.? ›

(a) Bidders are responsible for submitting bids, and any modifications or withdrawals, so as to reach the Government office designated in the invitation for bid (IFB) by the time specified in the IFB. They may use any transmission method authorized by the IFB (i.e., regular mail, electronic commerce, or facsimile).

Can a bidder modify his bid? ›

- A bidder may modify his bid, provided that this is done before the deadline for the receipt of bids. The modification shall be submitted in a sealed envelope duly identified as a modification of the original bid and stamped received by the BAC.

How can a bidder withdraw his/her bid? ›

A Bidder may, through a Letter of Withdrawal, withdraw its bid after it has been submitted, for valid and justifiable reason; provided that the Letter of Withdrawal is received by the Procuring Entity prior to the deadline prescribed for submission and receipt of bids.

Can a bidder withdraw a bid after opening? ›

No bid can be modified or withdrawn by a Bidder, after the closing date and time for submission of bids.

Can a contractor withdraw a bid? ›

A bidding contractor may withdraw its bid at any time up until the bids are opened.

When can you withdraw a bid? ›

In many cases — yes. Buyers who have placed a bid can retract their bid any time before the auctioneer announces the sale has been completed. It's important to note, however, that the withdrawal of one bid does not revive any previous bid.

When can you retract a bid? ›

A bidder can retract their bid if the auction has more than 12 hour left. During the final 2 hour, a bid can be retracted only within an hour after being placed.

What are the reasons a contractor may decide to withdraw a bid? ›

Bids may be rescinded due to mutual mistake, fraud and unilateral mistake. Mutual mistake exists when the bid was provided based on a mistake by both parties that was so substantial that there is no “true meeting of the parties' minds” to form a contract.

What does it mean to withdraw a bid? ›

WITHDRAWAL OF BIDS: Bids already submitted may be withdrawn upon proper identification of bidder and provided request is received prior to time of closing.

How do I cancel someone's bid? ›

Go to Cancelling bids placed on your listing - opens in new window or tab. Enter the item number, the username of the member whose bid you're cancelling, and the reason you're cancelling the bid. Select Submit.

How do I cancel a bid after winning? ›

Politely ask the seller to cancel the transaction and express how much you would appreciate his cooperation. If the seller agrees to release you from your obligation, he can use tools within eBay to do so and then relist the item for sale.

Can I cancel an auction with bids? ›

Yes, you may end the listing by cancelling all bids. You may be charged a final value fee based on the amount of the highest bid, or you may sell the item to the highest bidder. If your listing isn't eligible to be ended early, you can contact any bidders to explain the situation and ask them to retract their bids.

Does a bid remove buy it now? ›

When you list an item with a buy-now option, it's open to the first bidder whether to pay the buy-now price to get it, or to place bid in the hope of winning it for a lower price. Once any bid has been placed, eBay removes the buy-now option and it continues as an auction.

What is the public contract code for withdrawal of bids? ›

10767. Any bid may be withdrawn at any time prior to the time fixed in the public notice for the opening of bids only by written request for the withdrawal of the bid filed with the trustees. The request shall be executed by the bidder or his or her duly authorized representative.

Is a bid legally binding? ›

A bid can also be withdrawn by the business before it's accepted by the customer. However, once the customer accepts the offer or bid, the document typically becomes legally binding for both parties involved.

Are bids legally binding contracts? ›

A bid is considered an offer under contract law. If an offer is accepted, a contract is established and becomes legally binding. The provider can't withdraw their offer.

What is manipulation of the bidding process? ›

Bid manipulation is another method for officials to choose the bidder of their choice but occurs after receipt of bids. The methods for this would include either changing bid parameters, evaluation processes, or other activity to effectively select the bidder of choice.

Can you use bid adjustments? ›

You can set bid adjustments for remarketing lists in your ad groups if you'd like to show ads to people on these lists. For example, you could increase your bid by 25% for those who previously viewed your website in the last 30 days.

How do you set a bid adjustment? ›

Add or remove a bid adjustment on the Display network

Click the campaign or ad group you'd like to change. under the “Bid adj.” column. If you'd like to change multiple rows, click the boxes before clicking the pencil icon. Choose “Increase” or “Decrease” from the drop-down, and enter a percentage.

Are bids binding? ›

Remember, a bid is a binding contract. When you bid on an item in an auction, you're committing to buy it if you win.

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