(1) The Commission may reject all bids within twenty one days of the bid opening where the Commission considers that the bids received are not substantially responsive to the requirements of the bidding documents or that the bid prices are higher than the project budget and shall inform the bidders of the rejection by written notice.
(2) Where the Commission rejects all bids because the lowest evaluated responsive bid exceeds the project budget, the Commission may:
(a) enter into negotiations within 7 days of the notice referred to in regulation 27 with the lowest evaluated bidder to try and obtain a satisfactory contract; or
(b) repeat the invitation for bids.
(3) Where the Commission rejects all bids because the bids are not substantially responsive to the requirements of the bidding documents, the Commission shall review the causes justifying the rejection and consider making revisions to the bidding documents before repeating the invitation for bids.