Utah Admin. Code 850-30-510

Current through Bulletin No. 2024-21, November 1, 2024
Section R850-30-510 - Competing Proposals
1. If the agency receives credible competing proposals in response to the solicitation process conducted pursuant to Section R850-30-500, the agency may select a proposal using the following methods:
(a) Sealed Bid Process.
(i) The agency shall give the competing applicants notice setting forth the date on which the applicants must submit a final sealed proposal to the agency.
(ii) The agency may reject proposals received after the established due date.
(iii) The agency may require proposals for a lease to include the first year's rental, proposals for a sale to include a down payment on the proposed purchase price, and payments to cover the agency's costs of advertising and application fees.
(iv) The agency shall evaluate proposals using the following criteria:
(A) income potential;
(B) potential enhancement of trust lands;
(C) development timeline;
(D) applicant qualifications;
(E) desirability of proposed use; and
(F) any other criterion deemed appropriate by the agency.
(b) The agency may negotiate with the applicants or interested persons to create a proposal that best satisfies the objectives of Rule R850-2.
2. The agency may terminate the application process at any time in its sole discretion.

Utah Admin. Code R850-30-510

Amended by Utah State Bulletin Number 2022-16, effective 8/8/2022