§ 37-2-24. Responsibilities of bidders and offerors.
(a) A written determination of responsibility of a bidder or offeror shall be made and
it shall be made in accordance with regulations issued by the chief purchasing officer.
(b) A reasonable inquiry to determine the financial strength and responsibility of a business
which is a bidder or offeror shall be conducted. The failure of a bidder or offeror
to promptly supply information in connection with the inquiry, including, but not
limited to, financial statements and business references, shall be grounds for a determination
of nonresponsibility with respe
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§ 37-2-24. Responsibilities of bidders and offerors.
(a) A written determination of responsibility of a bidder or offeror shall be made and
it shall be made in accordance with regulations issued by the chief purchasing officer.
(b) A reasonable inquiry to determine the financial strength and responsibility of a business
which is a bidder or offeror shall be conducted. The failure of a bidder or offeror
to promptly supply information in connection with the inquiry, including, but not
limited to, financial statements and business references, shall be grounds for a determination
of nonresponsibility with respect to that bidder or offeror.
(c) Said financial analysis may include the review of the business by a nationally recognized
commercial credit reporting bureau. A consistent policy for ordering credit bureau
reports shall be developed and approved by the chief purchasing officer.
(d) Except as otherwise provided by law, information furnished by a bidder or offeror
pursuant to this section may not be disclosed outside of the division of state purchasing
or the purchasing agency administering the contract without prior written consent
of the bidder or offeror.