PURPOSE: This rule sets forth certain criteria for a change of location or of business organization for on-line contractors in addition to 12 CSR 40-85.020.
(1) The existing on-line contract shall terminate whenever—
- (A) Any on-line contractor changes location; or
- (B) More than fifty percent (50%) of the ownership, including common stock, changes hands.
- (2) A new contract may be awarded on the basis of the factors set forth in 12 CSR40- 85.020.
- (3) A change of business structure or change of ownership not included in 12 CSR40- 85.100(1) for an on-line contractor will not require a new determination of factors set forth in 12 CSR 40-85.020 even though a new contract is signed with the new business entity.
AUTHORITY: section 313.220, RSMo (Supp. 1988).* Original rule filed Nov. 14, 1986, effective Nov. 24, 1986. *Original authority 1985, amended 1988.