Unless further time is required for analysis of the bids or investigation of the responsibility of any bidder and in the absence of a limitation upon the time of acceptance set forth in the bid, the Board of Control shall make an award or reject all bids not later than the second regular meeting of the Board following the opening of bids. Any extension of time beyond the date fixed by the successful bidder or the fourth regular meeting of the Board, whichever event shall first occur, shall be subject to agreement between the bidder and the Board.
(Ord. No. 1119-61. Passed 6-12-61, eff. 6-14-61)