WHAT IS A FORMAL SEALED BID? A formal sealed bid is a specification for goods or services. It is advertised and opened publicly. The award is generally made to the lowest responsible bidder. Under certain circumstances, which are determined by State and municipal laws and guidelines, a formal sealed bid may not be necessary. The most common of these circumstances are the following: The goods or services are covered under a County or College blanket order The goods or services are covered under a
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