In the complex world of state highways and transportation, specific forms and procedures are crucial for maintaining order and clarity, among which the Form P-359 stands out, especially within the Arkansas State Highway and Transportation Department. Originating from a meticulous need to handle timber sales efficiently, this form serves as a vital instrument for bidding processes. Dated back to the revision on May 4, 1999, Form P-359 is used to tabulate and detail bids concerning the sale of timber, a resource frequently managed and overseen by state transportation departments due to its impact on road safety and construction projects. This particular instance, Bid No. M-04-008P, which was opened on July 29, 2003, in Hot Spring County, Arkansas, demonstrates the form's practical application to a real-world scenario. It underscores a comprehensive approach to such bids, noting the all-or-none delivery condition—a clause that signifies if bids are accepted, they must cover all items listed without partial completion. Interestingly, the form highlights that no bids were received for the three items listed, marking a rare occasion in the bidding process where anticipated transactions do not materialize, hence prompting an evaluation of market interest and resource value. This nuanced case provides insight into the procedural aspects managed by transportation authorities, encompassing the regulatory frameworks and logistical challenges they navigate in ensuring resources are allocated efficiently and transparently.
Question | Answer |
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Form Name | Form P 359 |
Form Length | 1 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 15 sec |
Other names | BIDS, ARKANSAS, P-359, 2003 |
ARKANSAS STATE HIGHWAY AND TRANSPORTATION DEPARTMENT
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Form |
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TABULATION |
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DESCRIPTION: |
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3 Items - Sale of Timber |
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BID NO.: |
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DATE OPENED: |
7/29/2003 |
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FOB: |
Hot Spring County Arkansas |
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1 |
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DELIVERY: |
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ALL OR NONE: |
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ALL OR NONE: |
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ALL OR NONE: |
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ALL OR NONE: |
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ITEM NO. |
UNIT |
EXTENSION |
UNIT |
EXTENSION |
UNIT |
EXTENSION |
UNIT |
EXTENSION |
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NO BIDS RECEIVED. |
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1. |
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2. |
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3. |
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TOTAL:
EST.: |
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CARD: |
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AWARDED BY: |
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DATE: |
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ACTION: NO BIDS RECEIVED |
ITEM(S): |
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ITEM(S): |
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ITEM(S): |
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