Okla. Admin. Code § 260:65-1-6

Current through Vol. 42, No. 4, November 1, 2024

Section 260:65-1-6 - Modifications/withdrawal of bids

(a)Withdrawal of bids. Bids may be modified or withdrawn up to the time set for bid opening. Modification notices or withdrawal instructions may be sent by registered mail or delivered in person. Appropriate identification reflecting the authority of the bearer to modify or withdraw a bid must be presented to the Director or his authorized designee. A bid to be withdrawn shall not be opened.

(b)Bid modifications. A sealed bid modification shall be submitted by registered mail or delivered in person. The modification must state the amount of change, either additive or deductive, from the previously submitted sealed bid and shall not reveal the actual, new, modified bid amount. Upon acceptance of a bid modification, the Director or his authorized representative shall open the original bid, then open the sealed modification, add or subtract to compute the new bid amount, and publicly announce the resultant legal bid. The same bid modification procedures shall be used to submit, compute and announce any other modified bid items such as days to complete the work or unit prices.

Adopted by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014

Amended by Oklahoma Register, Volume 40, Issue 24, September 1, 2023, eff. 9/11/2023