California Public Contract Code Section 10512
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California Laws > Public Contract Code > California Public Contract Code Section 10512
10512. (a) On the date designated in the public notice, the sealed
bids shall be publicly opened.
(b) (1) The regents shall accept in public the bid that offers the
combination of price and terms which it deems to be in the best
interest of the university, or reject all bids.
(2) If a successful bidder fails to perform in the manner
specified, the regents may, at their sole option and without further
notice, accept, from those remaining bids submitted and opened in
public pursuant to subdivision (a), the bid that offers the
combination of price and terms that the regents deem to be in the
best interest of the university.
Last modified: February 22, 2013