§ 9446 Bid Rejection For Bonds

• •If the best offer for something isn't good enough, the State Treasurer tells the board about the offers.
• •The board can say no to all offers if they want to.

Imagine you're selling your old bike, and the best offer you get is $10, but you think it's worth $20.

You would tell your parents (the board) about the $10 offer, and they can decide to say no to that offer and wait for a better one.