Indiana Statutes

§ 8-15.5-4-7 — Negotiations with offerors

Indiana § 8-15.5-4-7
JurisdictionIndiana
Art. 15.5PUBLIC-PRIVATE AGREEMENTS FOR TOLL
Ch. 4Selection of Operator by Request for Proposals

This text of Indiana § 8-15.5-4-7 (Negotiations with offerors) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-15.5-4-7 (2026).

Text

(a)The authority shall negotiate with one (1) or more responsible offerors who submit proposals that are determined to be reasonably capable of being selected for a public-private agreement and may seek to obtain a final offer from one (1) or more responsible offerors.
(b)In determining whether one (1) or more responsible offerors are reasonably capable of being selected for a public-private agreement, the authority must consider all the following:
(1)The responsible offeror's expertise, qualifications, competence, skills, and know-how to perform its obligations under the proposed public-private agreement in accordance with the public-private agreement.
(2)The financial strength of the responsible offeror, including its capitalization.
(3)The experience of the responsible offeror, or

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Legislative History

As added by P.L.47-2006, SEC.39. Amended by P.L.205-2013, SEC.145; P.L.189-2018, SEC.88.

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Bluebook (online)
Indiana § 8-15.5-4-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-15.5-4-7.