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Re: madg post# 21857

Tuesday, 01/15/2019 12:26:27 PM

Tuesday, January 15, 2019 12:26:27 PM

Post# of 40985
No exceptions?

Instruction 7.a. to Item 404(a) provides an exception from disclosure for transactions where rates or charges are determined by competitive bids. To qualify for the exclusion, the procedure used must involve the formal procedures normally associated with competitive bidding situations, such as specifications established for the transaction being bid upon as well as indications of the basis upon which a bid was accepted.



There are exceptions and legal loopholes to every law.
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