With regard to procurement, what is the procedure if the lowest offer submitted exceeds the budget set aside for payment?

CIPS_Expert · 22 February 2013 13:28

There is no legal requirement for a utility to place a contract as the result of a procurement procedure, so under these circumstances the way forward is dependent upon the desires of the utility. If the person(s) involved wish to terminate the procurement, this is perfectly permissible on a legal basis.

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With regard to procurement, what is the procedure if the lowest offer submitted exceeds the budget set aside for payment?

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