OAR 170-002-0125

OAR 170-002-0125. Intermediate Procurements

Last amended: 2024Length: 116 wordsOfficial source
(1) Generally. For procurements of Goods or Services greater than $25,000 and less than $250,000, the Treasurer may award a Contract as an intermediate procurement pursuant to ORS 279B.070. (2) Negotiations. The Treasurer may negotiate with a prospective Contractor who responds to an intermediate procurement to clarify its Offer or to effect modifications that will make the Offer more advantageous to the Treasurer. (3) Amendments. The Treasurer may amend a Contract awarded as an intermediate procurement. However, cumulative amendments to one Contract may not increase the total Contract price to a sum that exceeds the higher dollar amount stated in ORS 279B.070 or one hundred twenty-five percent (125%) of the original Contract price, whichever is greater.
OAR 170-002-0125: OAR 170-002-0125. Intermediate Procurements | Justis AI