What is the general procedure for awarding a contract pursuant to competitive bidding? (1) A state agency may accept or reject any bid or any part of a bid or waive minor technicalities in a bid, if doing so would be in the state's best interest.Bidder must submit a price for each item in Bid. In case of conflict between unit prices and extensions, unit prices shall govern. Best value criteria may only be considered if identified in the bid packet. The municipality may reject any and all bids. Purchases from Texas Smart Buy are deemed to satisfy competitive bid requirements. You only need to complete one questionnaire. The Texas procurement statutes contain numerous exceptions to the general rule regarding public bids for procurement.