Section 1699-O. Withdrawal of designation of small business set-asides  


Latest version.
  • If
      the total number of small businesses responding to the invitation to bid
      and considered capable of meeting the specifications and  terms  of  the
      invitation to bid is less than three, or if the chairman determines that
      acceptance of the best bid will result in the payment of an unreasonable
      price,  the  chairman shall reject all bids and withdraw the designation
      of small business set-aside.
        If the chairman withdraws the designation of small business  set-aside
      it  shall  notify  the bidders of the reason why the bids were rejected.
      Invitations to bid containing the same or rewritten  specifications  and
      terms shall then be re-issued as otherwise so provided under this title,
      without the designation of small business set-aside.