§ 5-16-1-2 — Bidders; submission of statement of experience, proposed plan, financial status, and trust relationship; forms

Indiana § 5-16-1-2

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 16: PUBLIC WORKS
• Ch. 1: Public Works by State Agencies

Text

(a) Each bidder shall be required to submit
under oath with and as a part of the bidder's bid a statement of:
(1) the bidder's experience;
(2) the bidder's proposed plan for performing such work;
(3) the equipment available for the performance of such work;
(4) the bidder's financial status; and
(5) if a trust (as defined in IC 30-4-1-1(a)), the name of each:
(A) beneficiary of the trust; and
(B) settlor empowered to revoke or modify the trust.
(b) The statements required by this section shall be submitted on
forms which shall be prescribed by the state board of accounts. The
forms prescribed shall:
(1) be designated, respectively, as the experience questionnaire,
the plan and equipment questionnaire, and the contractor's
financial statement; and
(2) be based, so far as applicable, on the standard questionnaires
and financial statements for bidders as approved and
recommended by the joint conference on construction practices,
for use in investigating the qualifications of bidders on public
construction work.
The forms shall be used by all such boards, commissions, trustees,
officers, and agents in obtaining the information required in the
administration of this chapter.
(c) If the information submitted by any bidder on the forms
prescribed in this section is found, on examination, to be unsatisfactory,
the bid submitted by such bidder shall not be considered.
Formerly: Acts 1947, c.306, s.2; Acts 1965, c.251, s.1; Acts
1967, c.152, s.1. As amended by P.L.33-1983, SEC.15;
P.L.336-1989(ss), SEC.15.