City of Cheyenne v. Reiman Corp.

THOMAS, Justice.

The issue as posed by the parties is whether a construction company that has submitted a bid to a city for the construction of a fire station should be entitled to rescind its bid without penalty because of a mistake in computing the amount of the bid. The trial court, by applying Colorado law, ruled the construction company would be entitled to rescind without incurring any penalty under the circumstances of this case. We hold the trial court erred in failing to strictly apply Wyo.Stat. § 15-1-113 (1992). We affirm the summary judgment entered in favor of the contractor,…