01 NCAC 05B .1108
When in the best interest of the State, Vendors may be requested to extend the scheduled termination dates of contracts. Extensions shall not result in a change in the prices stated in the original contract unless agreed to by the Purchasing Agency in writing. Extensions that result in an annual contract value exceeding a Purchasing Agency's delegation must be submitted to the Division for approval based on the determining factors set forth in Rule .1102 of this Section.
History Note: Authority G.S. 143‑52; 143‑49;
Eff. February 1, 1996;
Readopted Eff. October 1, 2019.