§ 37-2-20 — § 37-2-20. Negotiations after unsuccessful competitive sealed bidding.
This text of Rhode Island § 37-2-20 (§ 37-2-20. Negotiations after unsuccessful competitive sealed bidding.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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§ 37-2-20. Negotiations after unsuccessful competitive sealed bidding.
(a) In the event that all bids submitted pursuant to competitive sealed bidding under § 37-2-18 result in bid prices in excess of the funds available for the purchase and the chief purchasing officer determines in writing:
(1) That there are no additional funds available from any source so as to permit an award to the lowest responsive and responsible bidder, and
(2) The best interest of the state will not permit the delay attendant to a resolicitation under revised specifications, or for revised qua
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Rhode Island § 37-2-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/37-2-20.