If the highest bidder at an auction does not sign the lease, permit, concession, or any other required document at the auction or perform any other auction requirement, the airport manager shall cancel the award. The cancellation must be in writing and state the reasons for the cancellation. If the manager cancels an award, the manager shall mail or deliver to all bidders a notice of intent to award the bid to the next highest bidder who is qualified, responsible, and responsive or the manager shall reject all bids under 17 AAC 42.345.

(Eff. 1/14/2001, Register 157)

Authority: AS 02.15.020, AS 02.15.060, AS 02.15.070, AS 02.15.090