This is a Preferential Right to Purchase Production form. The assignor reserves the right at any time and from time to time to purchase or designate a purchaser for all of assignees oil and other liquid hydrocarbons produced and saved from the interests in the lands and leases that are the subject of this assignment.
South Carolina Preferential Right to Purchase Production
Category:
State:
Multi-State
Control #:
US-OG-505
Format:
Word;
Rich Text
Instant download
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How to fill out Preferential Right To Purchase Production?
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FAQ
15. SC Code § 11-35-4230 permits the Chief Procurement Officer to attempt to resolve contract and breach of contract controversies.
SC Code § 11-35-1560 permits the Chief Procurement Officer, the head of a purchasing agency, or a designee of either officer, above the level of the procurement officer, to authorize in writing a sole source procurement.
Section 11-35-710(A)(1) of the S.C. Code is amended to read: (A) The board, upon the recommendation of the chief procurement officer, may exempt governmental bodies from purchasing certain items through the respective chief procurement officer's area of responsibility.
Section 11-35-4210(1)(b) grants to any "actual bidder, offeror, contractor, or subcontractor who is aggrieved in connection with the intended award or award of a contract" a right to protest. A protest must be in writing and must be received within ten days of the date the award notice is posted.
SC Code § 11-35-5240 requires each agency to develop an MBE Utilization Plan to emphasize the use of minority businesses and to submit quarterly and annual reports on the plan and its implementation.
Chapter 35 - South Carolina Consolidated Procurement Code. Section 11-35-5300. Prohibition of contracting with discriminatory business.
