(a) After bids have been opened and reviewed, if all bids exceed the maximum allowed for negotiations pursuant to Arkansas law and it becomes apparent the project cannot be awarded because of budget overruns, the design professional shall:

1. (1) Meet with the designated project coordinator of the department to review bids, budgets, program, and owner’s needs within seven (7) working days;

2. (2)

   1. (A) Review project costs with bidders for areas of possible savings or cost reduction.
   2. (B) Analyze areas of excessive cost;
3. (3) Review project with the department project coordinator or coordinators, the Design Review Section, and the Construction Section to resolve project status as quickly as possible;
4. (4) Modify bid documents as approved and directed by all parties and resubmit the bid documents to the Design Review Section for review, comments, and approval for re-bidding;

5. (5)

   1. (A) Re-bid project.
   2. (B) Coordinate bid date with the Construction Section; and

6. (6)

   1. (A) The design professional may be required to redesign the project for re-bid without additional compensation.
   2. (B) Additional redesigns beyond one (1) re-bid may be eligible for additional compensation subject to the approval of the Design Review Section.