Indiana Statutes
§ 5-22-8-3 — Purchases between $50,000 and $150,000
(a)This section applies only if the purchasing
agent expects the purchase to be:
(1)at least fifty thousand dollars ($50,000); and
(2)not more than one hundred fifty thousand dollars ($150,000).
(b)A purchasing agent may purchase supplies under this section by
inviting quotes from at least three (3) persons known to deal in the
lines or classes of supplies to be purchased.
(c)The purchasing agent shall mail an invitation to quote to the
persons described in subsection (b) at least seven (7) days before the
time fixed for receiving quotes.
(d)If the purchasing agent receives a satisfactory quote, the
purchasing agent shall award a contract to the lowest responsible and
responsive offeror for each line or class of supplies required.
(e)The purchasing agent may reject all quotes.
(f)I
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Indiana § 5-22-8-3 (Purchases between $50,000 and $150,000) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.7-1998, SEC.3. Amended by P.L.195-2007,
SEC.3.
Nearby Sections
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§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined