Bid Item Price
Defined in the New MexicoDOT standard specifications. This is the agency’s own text, with the section it comes from.
Definitions are quoted from state-authored public specification books. This page carries no I-Code-derived terms.
New Mexico · NMDOT
The extended price established by the Contractor for each individual Bid Item on the Bid Schedule which is the product of the Bid Item quantity and the Bid
Section 101 — Abbreviations, Symbols, T erms, and Definitions →