Iowa Administrative Code
Agency 265 - Iowa Finance Authority
Chapter 15 - Purchasing
Rule 265-15.10 - Ties
Universal Citation: IA Admin Code 265-15.10
Current through Register Vol. 47, No. 13, December 25, 2024
The authority shall resolve ties among bids or proposals which are equal in all respects by drawing lots unless only one of the tied bidders is an Iowa business. If only one of the bidders tied for an award is an Iowa business, the Iowa business shall be given preference over all tied out-of-state businesses. If it is necessary to draw lots, the drawing shall be held in the presence of the vendors who submitted the tied bids or proposals whenever practical. If the tied vendors are not present, the drawing shall be held in front of at least two persons, and the authority shall document the drawing.
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