US Lawyer Database

5-32-4-7. Public Agency Options if Cmc Contract Terminated or Not Executed

Sec. 7. (a) If any of the following occur, the public agency may proceed as described in subsection (b): (1) The CMc contract is terminated under section 6 of this chapter. (2) The public agency and the selected offeror are unable to reach agreement on a CMc contract. (3) The selected offeror does not provide […]

5-32-4-8. Determination of Gmp

Sec. 8. A CMc contract may describe if and when the GMP will be determined. If a GMP is established, the contract must describe all clarifications and assumptions on which the GMP is based. As added by P.L.128-2014, SEC.1.

5-32-5-2. Award of First Tier Subcontracts; Prequalification of Potential Bidders

Sec. 2. (a) A first tier subcontract shall be awarded to the bidder for that contract that would be awarded the contract under the applicable contract award standard. (b) Before award of a first tier subcontract, the CMc may prequalify potential bidders based on written criteria established and published by the public agency. Otherwise, the […]

5-32-5-3. Information About Bidders Submitted With Bid

Sec. 3. Each bidder must submit under oath as a part of the bid a statement of the following information: (1) The bidder’s professional experience. (2) The bidder’s proposed plan for performing the work. (3) The equipment and personnel available for the performance of the work. (4) The bidder’s current financial status. (5) The bidder’s […]

5-32-5-4. Cmc Contracts With First Tier Subcontractors

Sec. 4. Once a bidder is selected, the CMc’s contract with that bidder must include terms and conditions that are designed to accomplish the work at the lowest possible cost to the public agency. As added by P.L.128-2014, SEC.1.

5-32-5-5. Public Inspection and Copying of Bids

Sec. 5. (a) Except as provided in subsection (b), a bid is a public record subject to public inspection under IC 5-14-3. (b) A bid is not subject to inspection and copying under IC 5-14-3 until a contract has been awarded or the solicitation of bids has been canceled. As added by P.L.128-2014, SEC.1.

5-32-6-1. Cmc Payment Bond

Sec. 1. The CMc shall execute a payment bond to the public agency, approved by the public agency, in an amount equal to the GMP, if established, or the proposed construction cost. The payment bond must be conditioned for payment by the CMc, the CMc’s successors and assigns, and by the first tier subcontractors, their […]

5-32-6-2. Cmc Performance Bond

Sec. 2. (a) The CMc shall furnish proof of its ability to obtain a valid performance bond that is acceptable to the public agency in an amount equal to the GMP, if established, or the proposed construction cost. (b) The CMc shall furnish the bond at the time of an early release construction package or […]

5-32-3-7. Cmc Performance of Work

Sec. 7. A CMc may perform a part of the work only if: (1) the public agency approves of the CMc’s performance of the work; (2) the CMc would be awarded a contract for the work under the applicable contract award standard; and (3) the CMc performs only such work that equals not more than […]