Since its inception in early February, nearly an additional 1,000 interested individuals involved in the Iowa construction industry have signed up for BIDWATCH, the Construction Update Networks’ daily low bid information product.
If you recall, the Construction Update Network created BIDWATCH to would provide same day bid results. BIDWATCH provides comprehensive, same day bid results for Iowa projects, as well as projects in portions of adjourning states. This product is unique in that bidding contractors have very few options available in the market to access this sort of same-day bid information.
Bidding and Project Procurement
Project procurement in the public sector for the state of Iowa is based on a design / bid / build process, in which the lowest responsible AND responsive bidder is awarded the contract. Iowa’s competitive bidding laws for public projects have withstood a century of scrutiny and challenges and the Master Builders of Iowa has a long history of working with public owners and contractor-members in keeping the public procurement process free of political favoritism, corruption, cronyism and graft. Establishing a strong competitive bidding law aids public owners and contractors in the award of contracts, but the biggest benefactor is the Iowa tax payer, who gets a project of high quality and value.
This portion of the website will focus on bidding and project procurement. You can access the Iowa Code and those chapters that deal with competitive bidding for each respective public owner. You will also find information on other laws the assist the public project procurement process.
MBI is unmatched in its expertise on Iowa’s competitive bidding laws and MBI members and public owners are encouraged to draw upon the years of experience MBI has in the arena of project procurement.