Code of Colorado Regulations
100 - Department of Personnel and Administration
101 - Division of Finance and Procurement
1 CCR 101-9 - PROCUREMENT RULES
Article 103 - SOURCE SELECTION AND CONTRACT FORMATION
Part 3 - CANCELLATION OF SOLICITATIONS: REJECTION OF BIDS OR PROPOSALS
Section R-24-103-301-01 - Cancellation of Solicitation: Rejection of All Bids or Proposals
Current through Register Vol. 47, No. 17, September 10, 2024
A solicitation may be cancelled only when there are cogent and compelling reasons to believe that the cancellation of the solicitation is in the state's best interest.
(a) A solicitation may be cancelled, in whole or in part, when the procurement official determines in writing that such action is in the state's best interest. Reasons for cancelling a solicitation include, but not limited to:
(b) When a solicitation is cancelled, a notice of cancellation should be sent to all persons that submitted bids or proposals.
(c) The reasons for cancellation or rejection shall be made a part of the procurement record and shall be confidential for the period of time specified in section 24-103-301, C.R.S.
(d) When a solicitation is cancelled after bids or proposals are received, the bids or proposals which have been opened shall be retained in the procurement record, or if unopened, returned to the bidders or offerors upon request, at their expense, or otherwise disposed of.