54-5-118 - Rejection of bids. - Tennessee Statutes

54-5-118. Rejection of bids.

Any and all bids may be rejected, in the discretion of the commissioner, and they shall be rejected if the best bid is not deemed reasonable and fair to the state.

[Acts 1917, ch. 74, § 6; Shan., § 1720a29b26 (p. 6550); impl. am. Acts 1923, ch. 7, §§ 1, 2, 33; Shan. Supp., § 1720a7b57; mod. Code 1932, § 3217; impl. am. Acts 1959, ch. 9, § 3; impl. am. Acts 1972, ch. 829, § 7; T.C.A. (orig. ed.), § 54-518; Acts 1981, ch. 264, § 12.]