Indiana Statutes
§ 36-1-12-8 — Road, street, or bridge work; open price provisions; price adjustments of materials; limitations
The board may award a public work contract
for road, street, or bridge work subject to the open price provisions of
IC 26-1-2-305. The contract may provide that prices for construction
materials are subject to price of materials adjustment. When price
adjustments are part of the contract, the method of price adjustments
shall be specified in the contract. However, this section does not
authorize the expenditure of money above the total amount of money
appropriated by the political subdivision or agency for road, street, or
bridge contracts.
[Pre-Local Government Recodification Citations: 5-16-1
part; Part new.]
As added by Acts 1981, P.L.57, SEC.38. Amended by
P.L.329-1985, SEC.20.
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Related
Dow-Par, Inc. v. Lee Corp.
644 N.E.2d 150 (Indiana Court of Appeals, 1994)
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
Repealed