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Overturning a Vote

Guest Robert Jenkins

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Guest Robert Jenkins

Our board had a vote last night and we voted for a particular vendor to supply us with their product. The day after the official vote, several members started noticing that they were not clear on the entire product the vendor was suppling, and feel they might have been misled. It was presented to the President that the board wants to revisit the offers from both vendors (now knowing the true details) and revote on offering the business. The President says it is not too late, because he verbally called the winning vendor that night and notified them they were awarded the business.

Can we in fact as a board if we have the majority, to revisit the vote and vote accordingly even though the "winning" vendor has been notified? There has been nothing signed to date.

Please help

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