5-22-7.3-11. Erroneous bids

IN Code § 5-22-7.3-11 (2019) (N/A)
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Sec. 11. (a) The purchasing agency may establish policies to allow any of the following:

(1) Correction or withdrawal of inadvertently erroneous bids before or after an award.

(2) Cancellation of awards or contracts based on a mistake described in subdivision (1).

(b) Except as provided in a rule or policy, a purchasing agency must make a written decision to:

(1) permit the correction or withdrawal of a bid; or

(2) cancel awards or contracts based on bid mistakes.

As added by P.L.160-2006, SEC.6.