Utah Statutes

§ 11-39-101 — Definitions.

Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-39 Building Improvements and Public Works Projects

As used in this chapter:

(1)"Bid limit" means:
(1)(a) for a building improvement:
(1)(a)(i) for the year 2003, $40,000; and
(1)(a)(ii) for each year after 2003, the amount of the bid limit for the previous year, plus an amount calculated by multiplying the amount of the bid limit for the previous year by the lesser of 3% or the actual percent change in the Consumer Price Index during the previous calendar year; and
(1)(b) for a public works project:
(1)(b)(i) for the year 2003, $125,000; and
(1)(b)(ii) for each year after 2003, the amount of the bid limit for the previous year, plus an amount calculated by multiplying the amount of the bid limit for the previous year by the lesser of 3% or the actual percent change in the Consumer Price Index during the previous calendar year.
(2)"Buildi

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Legislative History

Amended by Chapter 438, 2024 General Session

Nearby Sections

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