OAR 170-002-0150
Offers

(1)

An Offer submitted in response to a competitive Procurement is irrevocable, valid and binding on the Offeror for not less than 30 days after the Closing unless otherwise specified in the Solicitation Document, or the Offer is modified or withdrawn as allowed under these rules. The Treasurer may elect to accept an Offer at any time after Closing and prior to the Award date, if any, specified in a Procurement. The Treasurer’s Award constitutes acceptance of the Offer and binds the Offeror to enter into a Contract on the terms that are at least as favorable to the Treasurer as those set forth in the Offer.

(2)

Following the Closing, the Treasurer may negotiate any Contract terms or conditions with any Offeror if the Treasurer determines that negotiation is in the Treasurer’s best interests. The Treasurer may include the parameters of any permitted negotiations in its Procurement. Offerors are obligated to negotiate in good faith on those terms or conditions that the Treasurer or the Solicitation Document have reserved for negotiation.

(3)

Contingent Offers. Except to the extent the Offeror is authorized to propose certain terms and conditions under a Solicitation Document, an Offeror may not make its Offer contingent upon the Treasurer’s acceptance of any terms or conditions (including specifications) other than those contained in the Solicitation Document.

(4)

Offeror’s Acknowledgment. By signing and submitting its Offer, the Offeror acknowledges it has read and understands the terms and conditions contained in the Solicitation Document and that it accepts and agrees to be bound by the terms and conditions of the Solicitation Document.

Source: Rule 170-002-0150 — Offers, https://secure.sos.state.or.us/oard/view.action?ruleNumber=170-002-0150.

170–002–0000
Fees for Public Records 170–002–0002
Procedure to Request Public Records 170–002–0005
Copier/Facsimile Use by Oregon State Treasury Employees 170–002–0010
Criminal Records Check and Fitness Determination Rules 170–002–0100
Definitions 170–002–0105
Authority and Applicability of the Public Contracting Code 170–002–0110
Procurement Policy and Approach 170–002–0115
Procurement Method 170–002–0120
Small Procurements 170–002–0125
Intermediate Procurements 170–002–0130
Sole-source Procurements 170–002–0135
Emergency Procurements 170–002–0140
Special Procurements 170–002–0145
Discretionary Exempt Procurements 170–002–0150
Offers 170–002–0155
Electronic Procurements 170–002–0160
Offer Preparation 170–002–0165
Late Offers, Late Withdrawals, Late Modifications 170–002–0170
Mistakes 170–002–0175
Cancellation, rejection, delay of invitations for bids or requests for proposals 170–002–0300
Protest Filing and Judicial Review

Last Updated

Jun. 8, 2021

Rule 170-002-0150’s source at or.us

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Location: https://oregon.public.law/rules/oar_170-002-0150

Original Source: Rule 170-002-0150 — Offers, https://secure.sos.state.or.us/oard/view.action?ruleNumber=170-002-0150 (last accessed Jun. 8, 2021).