Section 80IAC9-5-3. Single bid received; criteria for acceptance

   If, after proper solicitation of bids, only one (1) bid is received, the executive director shall make a thorough review of the situation in consort with the contracts department to determine whether the one (1) bid should be accepted or rejected and rebid. In making this determination, the executive director shall consider the type of work, its competitiveness, the timely need of the project, the possibility of unfavorable prices if rebid, the possible loss of the low bidder if rebid, and the equitable fairness to the single bidder of having his or her bid divulged to subsequent bidders if the project is rebid. (State Fair Commission 80 IAC 9-5-3; filed Nov 7, 2016, 3:46 p.m.: 20161207-IR-080160210FRA)