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Home » US Law » 2022 Indiana Code » Title 4. State Offices and Administration » Article 13.6. State Public Works » Chapter 5. Bidding Requirements » 4-13.6-5-2.5. Application of Section; Sealed Bid or Quotation Submitted by Trust

Sec. 2.5. (a) This section applies whenever a contract is awarded by competitive sealed bidding or acceptance of quotations.

(b) A bid or quotation submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each:

(1) beneficiary of the trust; and

(2) settlor empowered to revoke or modify the trust.

As added by P.L.336-1989(ss), SEC.10.