Procurement

4 CMC § 51104 — under Northern Mariana Islands Economic Incentive Authority.

4 CMC § 51104

TITLE 4: ECONOMIC RESOURCES

DIVISION 5: BUSINESS REGULATION

§ 51104. Procurement. The Board shall promulgate procurement regulations for itself that ensure open and competitive procurement procedures. The purchase of all supplies, materials, and construction work with an expenditure exceeding $25,000 shall be by contract to the lowest responsible bidder. Notice requesting bids shall be published at least 10 days before bids are due. The Board may reject any and all bids and re-advertise at its discretion. If, after rejecting bids for materials and supplies, the Board determines that, in its opinion, the materials and supplies may be purchased at a lower price in the open market, the Board may authorize such purchases without further observance of the provisions requiring contracts, bids or notices. The Authority, as an instrumentality of the government, shall utilize the services of federal or Commonwealth purchasing agencies wherever practical. Source: PL 12-20, § 17.