7 CFR § 1726.205 - Multiparty lump sum quotations.

---
identifier: "/us/cfr/t7/s1726.205"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1726.205 - Multiparty lump sum quotations."
title_number: 7
title_name: "Agriculture"
section_number: "1726.205"
section_name: "Multiparty lump sum quotations."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1726"
part_name: "ELECTRIC SYSTEM CONSTRUCTION POLICIES AND PROCEDURES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 901  1921  6941"
regulatory_source: "60 FR 10155, Feb. 23, 1995, unless otherwise noted."
cfr_part: "1726"
---


# 1726.205 Multiparty lump sum quotations.

The borrower or its engineer must contact a sufficient number of suppliers or contractors to assure competition and so that at least three bids will be received. On the basis of written lump sum quotations, the borrower will select the supplier or contractor based on the lowest evaluated cost.