KRS 45A.680: Withdrawal of designation of small or small minority business set aside.

If less than three (3) small or small minority businesses are considered capable of meeting

the specifications and terms of the invitations for bids, or if the cabinet determines that

the lowest and best bid results in an unreasonable price, the agency sha ll reject all bids

and withdraw the designation of small or small minority business set aside. Notification

of reasons for rejection shall be given to bidders. The cabinet may then seek additional

bids without reference to the small or small minority business designation.