Iowa Administrative Code
Agency 265 - Iowa Finance Authority
Chapter 15 - Purchasing
Rule 265-15.14 - Rejection of Bids and Proposals
Universal Citation: IA Admin Code 265-15.14
Current through Register Vol. 47, No. 13, December 25, 2024
The authority reserves the right to reject any or all bids or proposals. Bids and proposals may be rejected because of faulty specifications, abandonment of the project, insufficient funds, evidence of unfair or flawed bidding procedures, failure of a vendor to meet the authority's requirements, or for any other reason if the authority determines that its best interests will be served by rejecting any or all bids. Following the rejection of bids, new bids may be requested by the authority at any time deemed convenient by the authority.
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