§ 4-13.6-4-6 — Certificates of qualification; standards for issuance

Indiana § 4-13.6-4-6

• Jurisdiction: Indiana
• Art. 13.6: STATE PUBLIC WORKS
• Ch. 4: Qualification for State Public Works Projects

Text

(a) The board may issue an applicant a
certificate of qualification as a contractor only if:
(1) the applicant's stated bonding limit, as evidenced by a verified
statement from a bonding company licensed to do business in
Indiana, is one hundred fifty thousand dollars ($150,000) or more;
and
(2) the applicant's experience, past performance, and reputation
are such that, in the judgment of the board, the contractor will
satisfactorily execute and perform contracts that may be awarded
under this article.
(b) An application for qualification as a contractor must expressly
authorize the board to obtain all information that it considers pertinent
with respect to the reputation for honesty and fair dealing of the
applicant and to obtain this information from surety companies, dealers
in material, equipment, and supplies, or other persons having business
transactions with the applicant. The application must also expressly
authorize all financial institutions or other persons to furnish this
information, as requested by the board.
(c) The board may require a qualified contractor to provide
information relating to its qualifications at the intervals set by the
board. However, the board may not require this information more often
than quarterly or with the submission of a public works contract bid.

Legislative History

As added by P.L.24-1985, SEC.7. Amended by P.L.22-1997, SEC.2.