§ 17249 Warrant Bid Award Process

• •The Controller opens all bids at the time mentioned in the sale notice.
• •The Controller picks the best bids to give out the warrants.
• •The Controller can say no to all bids if they want.
• •Bids that are less than the full value of the warrants won't be accepted.

Imagine you're at an auction for school lunch vouchers.

The school principal opens all the bids at the set time and picks the best offers. If someone offers less than the full price of the voucher, their bid gets thrown out. The principal can also decide not to sell any vouchers if they don't like the offers.