The winning bid is the act of the bidder issuing a notice of award to the selected bidder and signing a written contract with it within a specified period of time.The winning bidder's bid needs to comply with the following conditions:
1. It can satisfy to the maximum extent possible the comprehensive evaluation criteria specified in the bidding documents.
2. It can meet the substantive requirements of the bidding documents and has the lowest evaluated bid price, except where the bid price is below cost.