A subcontractor can retract a bid used in a general bid at any time.

Question

Quizplus · Accepted Answer

A subcontractor cannot retract a bid after it has been used in a general contractor's bid to the owner, especially if the general contractor has relied on that subcontractor's bid in preparing its own bid. This is due to the principle of promissory estoppel, which prevents the subcontractor from retracting the bid to avoid causing financial harm to the general contractor.

A Subcontractor Can Retract a Bid Used in a General