MATHEMATICALLY UNBAL ANCED BID
Defined in the AlaskaDOT 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.
Alaska · DOT&PF
A bid (a) where each pay item fails to carry its share of the cost of the work plus the bidder’s overhead and profit, or (b) based on nominal prices for some pay items and enhanced prices for other pay items.
Section 101 — DEFINITIONS AND TERMS →