Current through Register Vol. 63, No. 10, October 1, 2024
Section 141-015-0020 - Notice of Default to PurchaserThe State Forester by certified mail shall notify a purchaser of any default. The notice shall include the following information:
(1) The default allegedly committed by the purchaser and the facts showing the alleged default.(2) The corrective action, if any, that can be taken by the purchaser to remedy the default and the time within which such action must be taken.(3) That if the purchaser refuses to correct the default or the default cannot be remedied, the purchaser will be barred from bidding on future contracts including the contract in dispute, unless the state is reimbursed for all damages and expense incurred by it as a result of the default or the purchaser posts a bond or places in escrow cash or marketable securities in an amount estimated by the Forester to be sufficient to reimburse the state for all damages and expense that will be incurred by it as a result of the default.(4) The right of the purchaser pursuant to OAR 141-015-0030, to request the Forester to estimate the damages and expense that will be incurred by the state as a result of the default.(5) The right of the purchaser to request a contested case hearing on the existence of the default, the corrective action required by the Forester, the estimate of damages and expense by the Forester, any questions that may arise concerning the security that may be posted by the purchaser in order to be permitted to bid and any other questions concerning the purchaser's qualifications to bid.Or. Admin. Code § 141-015-0020
LB 10-1982(Temp), f. & ef. 11-18-82; LB 1-1983, f. & ef. 4-29-83Stat. Auth.: ORS 273
Stats. Implemented: ORS 273.521