R354-3-105. Evaluation of bids- Award Cancellation

(1) The CRAU that conducts a Procurement using a Bidding Process shall evaluate bids: (a) using the objective criteria described in the Invitation for Bids; and (b) to achieve the greatest long-term value to the CRAU. (2) Criteria not described in the Invitation for Bids may not be used to evaluate a bid. (3) After evaluating bids, the CRAU shall: (a)(i) award a Contract as soon as practicable to the Responsible Bidder who submits the lowest Responsive bid; and (ii) publish the name and bid amount of the Bidder to whom the Contract is awarded; or (b)(i) cancel the Invitation for Bids without awarding a Contract; and (ii) publish a notice of the cancellation that includes an explanation of the reasons for cancelling the Invitation for Bids.