§ 30-20-1108 — Types of contracts

Subject to the requirements of this section,
an agency making use of the provisions of this part 11 may award any type of
contract that will promote the best interests of the agency; except that the use of a
cost-plus-a-percentage-of-cost contract under this part 11 is prohibited. An agency
may award a cost-reimbursement contract only when a determination is made in
writing that such contract is either likely to be less costly to the agency than any
other type of contract or that it is impracticable to obtain the required construction
or other services authorized under this part 11 unless the cost-reimbursement
contract is used. Operation and maintenance elements may be procured on a cost-reimbursement basis under or in connection with an IPD contract.

Legislative History

Source: L. 2007: Entire part added, p. 1814, � 2, effective August 3.