OAR 141-015-0030
Request to Bid by Purchaser — Appeal

If a purchaser in default wishes to bid on future contracts, it shall so notify the Forester in writing. The Forester shall, within 30 days of receipt of the notice, estimate the damages and expense that will be incurred by the state as a result of the default. The estimate shall be sent by certified mail to the purchaser. If the purchaser posts a bond in an amount sufficient to cover the estimated damages and expense or places in an escrow account cash or marketable securities readily convertible into cash in an amount sufficient to cover the estimated damages and expense or a combination of such bond, cash and securities in the required amount, the Forester shall grant permission to the purchaser to bid on contracts other than the contract in dispute. The terms of the escrow agreement shall be satisfactory to the State Forester.

Source: Rule 141-015-0030 — Request to Bid by Purchaser — Appeal, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=141-015-0030.

Last Updated

Jun. 8, 2021

Rule 141-015-0030’s source at or​.us