Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

LOWEST RESPONSIBLE BIDDER Definition & Legal Meaning

Definition & Citations:

Business and financial capabilities, past performance, and reputation of this qualified bidder meets the required standards, with this bidder also having the lowest or best bid price.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.