Colorado § 24-92-103.5 - Construction of public projects - invitation for best value bids.
Full text of Colorado Colorado Revised Statutes § 24-92-103.5 — Construction of public projects - invitation for best value bids., with citation guidance and answers to common questions.
§ 24-92-103.5. Construction of public projects - invitation for best value bids.
(1) All construction contracts for public projects that do not receive federal moneys may be awarded through competitive sealed best value bidding pursuant to this section.
(2) An invitation for bids under competitive sealed best value bidding shall be made in the same manner as provided in section 24-92-103 (2), (3), and (4); except that adequate public notice of the invitation for bids shall be given at least thirty days prior to the date set forth therein for the opening of bids.
(3) The invitation for competitive sealed best value bids must identify the evaluation factors upon which the award will be made. When making the award determination, the responsible officer shall evaluate the factors specified in the invitation for bids and shall not evaluate any other factors other than those specified in the invitation for bids. The factors that must be included in the invitation for bids and that the responsible officer shall consider include, but need not be limited to:
(a) The project price stated in the bid;
(b) The bidder's design and technical approach to the public project;
(c) The experience, past performance, and expertise of the bidder and the bidder's primary subcontractors in connection with prior construction contracts, including its performance in the areas of cost, quality, schedule, safety, compliance with plans and specifications, and adherence to applicable laws and regulations;
(d) The bidder's project management plan for the construction contract that identifies the key management personnel that will be used for the project, the proposed project schedule, the bidder's quality control program and project safety program, financial resources, equipment, and any other information that demonstrates the bidder's competency to perform the contract, including technical qualifications and resources;
(e) The bidder's staffing plan;
(f) The bidder's safety plan and safety record;
(g) The bidder's job standards, including the bidder's method of personnel procurement, employment of Colorado workers, workforce development and long-term career opportunities of workers, the availability of training programs, including apprenticeships registered by the United States department of labor's office of apprenticeship or a state apprenticeship agency recognized by that office, the benefits provided to workers, including health-care and defined benefit or defined contribution retirement benefits, and whether the bidder pays industry-standard wages; and
(h) The availability and use of domestically produced iron, steel, and related manufactured goods to execute the contract.
(4) The contract shall be awarded with reasonable promptness by written notice to the bidder whose bid is determined in writing to be the most advantageous to the state and that represents the best overall value to the state, taking into consideration the price and other evaluation factors set forth in the invitation for bids in accordance with subsection (3) of this section. The contract file maintained by the state must contain the basis on which the award determination was made.
(5) An invitation for best value bids issued pursuant to this section must otherwise comply with the requirements of section 24-103-203 concerning requests for proposals for nonconstruction contracts to the extent that such requirements do not conflict with this section. In the case of a conflict, the provisions of this section supersede.
(6) To ensure that the best value bidding process pursuant to this section is open and transparent to the greatest possible degree:
(a) After selection of most qualified participants, all statements of qualification shall be made available to the public; and
(b) After the contract has been awarded, all requests for proposals shall be made public with the score sheets used to make the bid selection, omitting any confidential corporate information.
Source: L. 2013: Entire section added, (HB 13-1292), ch. 266, p. 1400, § 9, effective May 24. L. 2017: (5) amended, (HB 17-1051), ch. 99, p. 352, § 69, effective August 9. L. 2023: (3)(g) amended, (SB 23-051), ch. 37, p. 147, § 27, effective March 23.
Cross references: In 2013, this section was added by the "Keep Jobs In Colorado Act of 2013". For the short title, see section 1 of chapter 266, Session Laws of Colorado 2013.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 24-92-103.5
What does Colorado Revised Statutes § 24-92-103.5 cover?
Section 24-92-103.5 ("Construction of public projects - invitation for best value bids.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 24-92-103.5?
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Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 24-92-103.5 apply to my situation?
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