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22-9-203 PUBLIC PROPERTY 14t)g
<br /> (D) The date,time,and place at which sealed bids (A) Be deductive; d
<br /> will be received; (13) Be set forth in the plans and specificatione
<br /> (E) The amount,which may be stated in a percent- numerical order. :^
<br /> age,of the bid bond required; (3) If all bids submi d exceed the amount
<br /> g printed for the award of he contract,then the cow
<br /> (F) A statement of the taxing unit's reservation of a
<br /> �., the right to reject any or all bids and to waive any municipality, school di ct,other local tabi
<br /> lig cr I
<br /> formalities;and institution of higher a ucation may determine
<br /> f. (G) Such other pertinent facts or information
<br /> apparent responsible 1 bidder by deducting the j
<br /> which to it may appear necessary or desirable. ternates in numerical or er.
<br /> (2)(A)(i) Every bid submitted on public construction .
<br /> contracts for any political subdivision of the state (4) After ranking the eductions, if the cost of
<br /> shall be void unless accompanied by a cashier's check project is less than twen -five percent(25%)above
<br /> drawn upon a bank or trust company doing business amount appropriated,th n and only in that event,;
<br /> in this state or by a corporate bid bond.
<br /> county, municipality, sch ol'district, other local t
<br /> ' (ii) Every bid submitted on public construction unit, or inst-itution of er education may negoti
<br /> contracts for the state or any agency or department of award with the low bi der so determined.
<br /> the state shall be void unless accompanied by a (g) j�1fi1�ver it is obvious froru examinatio1161.
<br /> cashiez's check drawn upon a beak or trust company bid document that it was the intent of a bidd'
<br /> '` doing business in this state or by a corporate bi submit a responsive bid oivd that the bid, if ecce'
<br /> bond, except for projects under twenty thousan 'Would create a Serious kiancial loss to the bi'
<br /> dollars("$20,000:1, because of scrivener error,such as the ta,anspositio`
<br /> (iii) No bid bond shall be required for public co - figures,the.hoard,commission,officer,or other au .
<br /> struction contracts for the state or any agency A ity in which or in whom authority is vested hao'
<br /> {' department of the state under or equal to twentyauthority to relieve the bidder from responsibility`
<br /> thousand dollars($20,000). der the l+ond and may reject the bid.
<br /> (13) This bid security shall indemnify the public (h) For projects of this state or any agency o,
<br /> against failure of the contractor to execute and de- state,"amount appropriated"within this section m
<br /> liver the contract and necessary bonds for faithful funds currently available for the project as dete
<br /> performance of the contract, by the state or any agency or department of the sta
<br /> (C) The bid security shall provide that the contrac- any county,municipality, school district,or other 1
<br /> for or surety must pay the damage, loss, cost, and taxing unit prior to the opening of any bid
<br /> expense subject to the amount of the bid security (i) No contract providin for the making of m
<br /> " directly arising out of the contractor's default in repairs or alterations, for he erection of buildin
<br /> failing to execute and deliver the contract and bonds. other structures, or for m king other permanent' '
<br /> (D) Liability under this bid security shall be hm- provements shall be ente d into by the state,,
<br /> ited to five percent(5%)of the amount of the bid, agency of the state an c un m
<br /> P Be Y unci ali
<br /> y tYf P ty,
<br /> (d) On the date and time fixed in the notice, the district, or other local taxii g unit with any cont "
<br /> board, commission,officer, or other authority in which in instances where allest' tecosts of the work
<br /> or in whom authority is vested to award contracts shall exceed the sum of sev "Iva thousand do
<br /> open and compare the bids and thereafter award the ($75,000)unless the bid doc ents contain state
<br /> contract to the lowest responsible bidder but only if it is which encoirage the parti 'pation of small, mina
<br /> the opinion of the authority that the best interests of and women's business ente rises.
<br /> the taxing unit would be served thereby. (i)(1) Notwithstanding other provision of 1.
<br /> (e) In the event that all bids submitted exceed the the contrary,any municipality or sanitation auth.'
<br /> amount appropriated for the award of the contract,the may enter into contracts with private persons,
<br /> state agency or its designated representatives shall associations,corporations,joint ventures,or other 1
<br /> have the authority to negotiate an award with the entities, including a combination of any of those
<br /> apparent responsible low bidder but only if the low bid ties,to provide for the desi building,operation;.
<br /> is within twenty-five percent (25%) of the amount maintenance of all or any ortion of its waste
<br /> appropriated. treatment :system, storm w ter treatment syste
<br /> (f)(1) In the event that all bids submitted exceed the water treatment system, or any combination of
<br /> >'. amount appropriated for the award of the contract and systems. j
<br /> K if bidding on alternates was not required by the plans (2) The contracts may ' elude provisions for
<br /> and specifications, e county,municipality, school dis- design) finEnciagf constructi ,repair,reconditio,-
<br /> tfy�, •'�' 1 1
<br /> trict, other local taxing unit, or institution of higher replacement,operation, andmaintenance of the.
<br /> education shall have the authority to negotiate an tem, or any combination of those services and
<br /> i:•' award with the apparent responsible low bidder but tions. t
<br /> only if the low bid is within twenty-five percent(25%)of (3) Prior to entering into a contract under
<br /> the amount appropriated. tion, the governing authori shall solicit quathis
<br /> b
<br /> (2) If the plans and specifications for the project tions-based competitive seal proposals.
<br /> i require bids on alternates in addition to a base bid, (4) The governing authori shall first establish:,
<br /> there shall be no more than three (3) alternates, and teria for evaluation of any en aty submitting propo,
<br /> the alternates shall: on the contracts£or the purl ose of assisting the
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