2708.1 Contracts for rehabilitation work involving a DHCD loan of ten thousand dollars ($10,000) or more shall require competitive bids obtained by formal advertising, unless permitted or herwise by federal regulations.

2708.2 A responsible low bid (a bid that reflects the capacity to perform the work) shall be selected.

2708.3 An invitation for sealed bids shall be published in a newspaper having general circulation in the District. The period of time between publication of the invitation and the bid opening date shall not be less than seven (7) days. A loan recipient may bid as his or her own contractor.

SOURCE: Notice of Final Rulemaking published at 28 DCR 903, 909 (February 27, 1981).