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Articles in regional publications that pertain to a wide range of North Carolina-related topics.

Can a Local Government Rescind Its Award of a Contract under North Carolina's Formal Bidding Statute?

Record #:
20542
Abstract:
A local governing board awards a construction contract to the lowest possible bidder. After the award but before the written contract is signed, the board determines that it is not in its best interest to proceed with the award. This bulletin examines the issue of when a public contract governed by North Carolina's competitive bidding requirements becomes binding on the governmental unit.
Source:
Local Government Law Bulletin (NoCar KFN 7830 A15 L6), Vol. Issue 52, Dec 1993, p1-6, f