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4-13.6-7-1. Application of Chapter

Sec. 1. The director may apply the retainage provisions of this chapter to public works projects with an estimated cost less than the amount specified in section 2 of this chapter. As added by P.L.24-1985, SEC.7. Amended by P.L.133-2007, SEC.2.

4-13.6-8-5. Contract Proposals

Sec. 5. (a) At the request of a governmental body, the department, in consultation with the governmental body, may do the following: (1) Solicit proposals from qualified providers for an energy cost savings contract. (2) Review proposals and contract with a qualified provider. (b) An energy cost savings contract may cover more than one (1) […]

4-13.6-8-6. Allowable Provisions in Contracts

Sec. 6. An energy cost savings contract may do any of the following: (1) Provide that energy cost savings are guaranteed by the qualified provider to the extent necessary to make payments for the qualified energy savings project. (2) Include contracts for building operation programs, maintenance, and management or similar agreements with the qualified provider […]

4-13.6-7-3. Amount of Retainage Withheld

Sec. 3. (a) To determine the amount of retainage to be withheld, the division shall elect one (1) of the following options: (1) To withhold no more than six percent (6%) of the dollar value of all work satisfactorily completed until the public work is fifty percent (50%) complete, and nothing further after that. (2) […]

4-13.6-8-7. Contract Approval and Guarantee

Sec. 7. (a) After reviewing the proposals submitted and after receiving a recommendation from the budget committee, the department may approve an energy cost savings contract with a qualified provider that best meets the needs of the governmental body if the department reasonably expects the cost of the qualified energy savings project recommended in the […]

4-13.6-8-8. Records

Sec. 8. (a) The contractor and each subcontractor engaged in installing energy conservation measures under a guaranteed energy savings contract shall keep full and accurate records indicating the names, classifications, and work performed by each worker employed by the respective contractor and subcontractor in connection with the work and an accurate record of the number […]

4-13.6-7-5. Bid Bonds

Sec. 5. (a) The director: (1) may require each contractor of a public works project with an estimated cost of not more than two hundred thousand dollars ($200,000); and (2) shall require each contractor of a public works project with an estimated cost of more than two hundred thousand dollars ($200,000); to submit a good […]

4-13.6-7-6. Payment Bonds

Sec. 6. (a) If the estimated cost of the public works project is more than two hundred thousand dollars ($200,000), the division shall require the contractor to execute a good and sufficient payment bond to the department for the state in an amount equal to one hundred percent (100%) of the total contract price. The […]