Regl. 6632, art. 46

DESERTED AUCTION

Length: 66 wordsOfficial source

Cite as Reglamento Núm. 6632, Art. 46

When no bidder's proposals have being received on the date fixed for the opening of the proposals lists, the auction shall be declared deserted. For the acquisition of supplies and services in these cases, the Auctions Board shall recommend the Secretary or his Authorized Representative one out of two alternatives: a. To announce a new auction, or b. To make the purchase in the open market.
Regl. 6632, art. 46: DESERTED AUCTION | Justis AI