NDAC 4-12-07-01

Risk management analysis

Last amended: 2004Year: 2026Length: 47 wordsOfficial source

Cite as N.D. Admin. Code ยง 4-12-07-01

In preparing a solicitation or contract, the procurement officer will consider the potential risks involved in the contract for procurement of commodities or services to determine reasonable measures that can be taken to mitigate those risks, including the use of insurance, bonding, or other types of security.
NDAC 4-12-07-01: Risk management analysis | Justis AI