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Current as of January 01, 2024 | Updated by Findlaw Staff
Before a contract for a gaming system or marketing services is awarded, the director shall:
1. Use an open and competitive bid process which reflects the best interest of the state. The director shall consider all relevant factors, including security, competence, experience, timely performance, and maximization of net proceeds; and
2. Conduct a thorough background investigation of the lottery's gaming system and advertising agency vendors, all shareholders of ten percent or more interest, and all senior officers and directors of the vendors, including a parent or subsidiary corporation of the vendors. The director may use information of another government-authorized lottery or other source to determine the qualification and background of the vendors. The vendors shall submit appropriate investigation authorizations. The director may require any appropriate information from the vendors to preserve the integrity and financial security of the lottery.
Cite this article: FindLaw.com - North Dakota Century Code Title 53. Sports and Amusements § 53-12.1-05. Competitive bidding--Investigation of a vendor - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-53-sports-and-amusements/nd-cent-code-sect-53-12-1-05/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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