Tennessee Statutes

§ 12-3-502 — Solicitations - Responses - Rejection of responses - Correction or withdrawal of responses - Cancellation of awards or contracts - Filing of notices of intent to award - Procurement and performance bonds or other security

Tennessee § 12-3-502

This text of Tennessee § 12-3-502 (Solicitations - Responses - Rejection of responses - Correction or withdrawal of responses - Cancellation of awards or contracts - Filing of notices of intent to award - Procurement and performance bonds or other security) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 12-3-502 (2026).

Text

(a)The central procurement office shall publicly advertise a copy of the solicitation. All responses received by the central procurement office shall be opened and examined at the time and place specified in the solicitation. Any and all responses may be rejected pursuant to subsection (b).
(b)Whenever the chief procurement officer approves the rejection of all responses for a certain solicitation, the chief procurement officer shall file a notice of such action with the comptroller of the treasury and shall take such action only for one (1) or more of the following reasons:
(1)Unreasonably high prices;
(2)Error in the solicitation;
(3)Cessation of need;
(4)Unavailability of funds; or (5) Any other reason determined to be in the best interest of the state.
(c)Submission of a respons

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Legislative History

Amended by 2024 Tenn. Acts, ch. 634,s 2, eff. 4/2/2024. Amended by 2013 Tenn. Acts, ch. 403, s 21, eff. 7/1/2013. Acts 1953, ch. 163, § 27 (Williams, § 370.36); T.C.A. (orig. ed.), §§ 12-305, 12-3-205; Acts 1981, ch. 332, § 3; 1987, ch. 337, § 19; 2010 , ch. 1098, § 2; 2011 , ch. 295, §§ 5, 19.

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Bluebook (online)
Tennessee § 12-3-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/12-3-502.