Montgomery Industries International, Inc. v. Thomas Construction Company, Inc. Of Missouri and the Travelers Indemnity Company

GARZA, Circuit Judge:

This is a diversity of citizenship case involving a dispute between a general contractor and a subcontractor. The dispute concerns the revocability of the subcontractor’s bid to the general contractor when the general contractor uses the subcontractor’s bid in formulating its own bid to another. Although involving basic principles of contract law, such as, offer, acceptance, and consideration, the reasoning and results of similar cases in various states have not been uniform. Additionally, the law of the state which controls this case, Texas, is not well settled since no…