The Authority may cancel a solicitation in whole or in part before opening of bids or proposals when, in the determination of the Executive Director, cancellation is in the best interests of the Authority. Bids or proposals shall be returned to the bidders or offerors together with a notice of cancellation. After opening of bids or proposals, the Authority may reject all bids or proposals when, in the determination of the Executive Director, rejection is in the best interests of the Authority. Notice of rejection of all bids or proposals shall be sent to all vendors who submitted bids or proposals. The Authority may reject a bid or proposal in whole or in part when it is in the Authority’s best interest to do so and for reasons that may include, but are not limited to, a determination that: The bidder or offeror is not responsible; The bid or proposal is not responsive; The proposal is not reasonably susceptible to being selected for award; A bid or proposal price or other term is not reasonable; or The bidder or offeror is debarred or otherwise ineligible for award and the period of debarment or ineligibility has not expired.