Colorado Statutes
§ 29-1-705 — Agency of local government to submit cost estimate
(1)Whenever an agency of local government proposes to undertake the construction
of a state-funded public project, by any means or method other than by a contract
awarded by competitive bid, it shall prepare and submit a cost estimate in the same
manner as other bidders. Such agency of government itself may not undertake the
proposed state-funded public project unless it shows the lowest and most
responsive cost estimate.
(2)Agencies of local government shall not be required to be bonded when
performing the work on a state-funded public project.
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Legislative History
Source: L. 89, 1st Ex. Sess.: Entire part added, p. 65, � 21, effective January 1,
1990.
Nearby Sections
15
§ 29-1-101
Short title§ 29-1-102
Definitions§ 29-1-103
Budgets required§ 29-1-104
By whom budget prepared§ 29-1-105
Budget estimates§ 29-1-106
Notice of budget§ 29-1-107
Objections to budget§ 29-1-110
Expenditures not to exceed appropriation§ 29-1-1101
Definitions§ 29-1-1102
Delinquency charges§ 29-1-111
Contingencies§ 29-1-112
Payment for contingencies§ 29-1-113
Filing of budget