1 N.C. Admin. Code 5B.0503

Current through Register Vol. 39, No. 11, December 2, 2024

Section 05B .0503 - NEGOTIATION

(a) The Purchasing Agency may negotiate with one or more Responsive Vendors or reject all Offers under the provisions of Rule .0501 of this Subchapter and negotiate with one or more sources of supply that may be capable of satisfying the requirement. Negotiations may also be conducted under conditions that merit a waiver of Competition pursuant to Rule .1401 of this Section.

(b) Negotiations shall be conducted by the Purchasing Agency if the Solicitation is under its Bid Value Benchmark or General Delegation. A Purchasing Agency may request the participation of the Division in any Negotiation.

(c) Negotiations shall be memorialized by a written agreement executed by the parties and issued by the Division.

(d) All Negotiation results shall be documented in writing for public record.

01 N.C. Admin. Code 05B .0503

Authority G.S. 143-52; 143-53; 143-60;
Eff. February 1, 1996;
Amended Eff. April 1, 1999;
Readopted Eff. October 1, 2019;
Amended Eff. August 1, 2020.

Authority G.S. 143-52; 143-53; 143-60;
Eff. February 1, 1996;
Amended Eff. April 1, 1999.

Readopted by North Carolina Register Volume 34, Issue 09, November 1, 2019 effective 10/1/2019.

Amended by North Carolina Register Volume 35, Issue 03, August 3, 2020 effective 8/1/2020.