Indiana Administrative Code
Title 25 - INDIANA DEPARTMENT OF ADMINISTRATION
Article 2 - PUBLIC WORKS DIVISION
Rule 6 - Receipt and Acceptance of Bids
Section 6-8 - Low bid exceeds available funds
Universal Citation: 25 IN Admin Code 6-8
Current through March 20, 2024
Authority: IC 4-13-2-9; IC 4-13.6-3-1
Affected: IC 4-13.6
Sec. 8.
If the low bid exceeds the allocation, and additional funds are requested but not approved, then bids shall be rejected and project suspended or rebid with design revised in value equivalent to the overrun.
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