Indiana Statutes
§ 14-33-6-11 — Contracts and construction of improvements
If the board confirms the drawings,
specifications, and cost estimates, the board shall let contracts or
otherwise construct the works of improvement provided in the
drawings, specifications, and cost estimates. The board may not let a
contract for an amount that exceeds the cost estimate. However, if all
bids are greater than the cost estimate, the board may let a contract for
an amount that does not exceed five percent (5%) over the cost
estimate if the cost of rebidding, rising cost level, or other good reason
necessitates this course of action.
[Pre-1995 Recodification Citation: 13-3-3-56(e).]
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Legislative History
As added by P.L.1-1995, SEC.26.
Nearby Sections
15
§ 14-10-1-1
Establishment and members of commission§ 14-10-1-2
Filling of vacancies of ex officio members§ 14-10-1-3
Citizen members§ 14-10-1-4
Per diem compensation and traveling expenses§ 14-10-1-5
Officers§ 14-10-1-6
Quorum§ 14-10-1-7
Meetings§ 14-10-2-1
Powers of commission§ 14-10-2-2
Repealed§ 14-10-2-2.5
Consolidated proceedings§ 14-10-2-3
Repealed§ 14-10-2-4
Adoption of rules§ 14-10-2-5
Rules§ 14-10-2-6
Notices of violation