Section 1680-05-03-.06 - EFFECTIVE TERM AND RENEWAL OF PREQUALIFICATION(1) Effective Term.(a) A prequalification approved under these rules shall be effective for twelve (12) months from the end of the applicant's preceding fiscal year.(b) Any prequalification approved prior to the effective date of these rules shall remain in effect until the expiration date indicated on such prequalification.(c) A prequalified bidder or subcontractor will have a three-month grace period after the expiration date for its existing prequalification within which to apply for renewal of its prequalification. The existing prequalification will remain in effect during this grace period, subject to the reservations in paragraph (3) of this rule below.(2) Renewal of Prequalification. A prequalified bidder or subcontractor may request the renewal of its prequalification for an additional term by submitting a prequalification application to the Prequalification Office as provided in Rule 1680-5-3-.04 above. The determination of the applicant's prequalification status upon renewal shall be made as provided in Rule 1680-5-3-.05 above.
(3) Reservations. - Notwithstanding the foregoing or any other provision of this chapter, the Department reserves the right to modify, revoke or restrict a general or limited prequalification or to temporarily disqualify a prequalified bidder or subcontractor, as provided in these rules. The Department also reserves the right to establish more restrictive special prequalifications for any particular project and/or the right to suspend, debar or otherwise exclude a prequalified bidder, contractor or subcontractor, as provided in the Department's rules governing contractor debarment and suspension, Chapter 1680-5-1, and any such decision shall not be appealable under this chapter.Tenn. Comp. R. & Regs. 1680-05-03-.06
Original rule filed July 18, 2006; effective October 1, 2006.Authority: T.C.A. §§ 54-5-117 and 4-3-2303.