Indiana Administrative Code
Title 80 - STATE FAIR COMMISSION
Article 9 - COMMISSION WORKS
Rule 4 - Bidding Requirements
Section 4-2 - Projects costing $150,000 or more; bidding procedure; records
Current through March 20, 2024
Authority: IC 15-13-2-9
Affected: IC 5-16-1-2; IC 15-13-2; IC 30-4-1-1
Sec. 2.
(a) Except as provided by this rule, if the estimated cost of a commission works project is at least one hundred fifty thousand dollars ($150,000), the commission shall award a contract for the project based on competitive sealed bids.
(b) If the estimated cost of a commission works project is at least one hundred fifty thousand dollars ($150,000), the commission shall:
(c) The commission shall direct the advertisement for bids under section 7 of this rule. The executive director, with the review and approval of the commission, shall award a contract under 80 IAC 9-5.
(d) As a part of the bid, a contractor shall submit under oath a financial statement that complies with the requirements of IC 5-16-1-2.
(e) The commission or executive director, upon the written recommendation of the consulting engineer or architect of the commission, shall reject the bid of a contractor if:
(f) The commission shall keep a record of all bids. The record must include at least the following information:
(g) This subsection applies whenever a contract is awarded by competitive sealed bidding. A bid submitted by a trust (as defined in IC 30-4-1-1 (a)) must identify each of the following: