US Lawyer Database

5-17-1-1. Compliance With Requirements of Chapter; Limits; Exemptions

Sec. 1. (a) This chapter applies to leases of equipment whether or not title passes from the lessor to the lessee. The term “purchaser” as used in this chapter includes persons who make leases for equipment. (b) Any person, officer, board, commissioner, department, commission, or purchasing agent (designated as purchaser in this chapter) duly authorized […]

5-17-1-2. Advertising for Purchase of Materials, etc., and Lease of Equipment; Specifications; Notice of Time and Place for Receiving Bids; Procedures; Open Market; Submission of Certified Check or Bond by Bidder; Rejection

Sec. 2. (a) In all cases of advertising for the purchase of materials, equipment, goods and supplies, and the lease of equipment, the purchaser shall prepare specifications describing with reasonable particularity the kind, quantity and quality of all materials, equipment, goods, and supplies which may be needed for any designated period. It may be provided […]