Indiana § 21-37-3-3 - Bids; procedures
Full text of Indiana Indiana Code § 21-37-3-3 — Bids; procedures, with citation guidance and answers to common questions.
§ 21-37-3-3. Bids; procedures
Sec. 3. (a) Before securing services described in section 2 of this chapter, the state educational institution must invite bids from at least three (3) bidders. The state educational institution must mail a notice to each bidder not less than ten (10) days before the time fixed for receiving bids. Each bidder shall submit under oath as a part of the bid a statement of:
(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 best estimate of the cost of each item of work to be performed including a breakdown of all labor and materials required to complete the work; and
(6) if a trust, the name of each beneficiary of the trust and settlor empowered to revoke or modify the trust.
(b) After the bids have been submitted to the institution, the state educational institution may only contract with the lowest and best bidder using terms and conditions that will accomplish the work at the lowest possible cost to the state.
[Pre-2007 Higher Education Recodification Citation: 20-12-3-2 part.]
As added by P.L.2-2007, SEC.278.
IC 21-37-4Chapter 4. Purchasing Preferences
21-37-4-1Duty to comply with purchasing preferences
Frequently Asked Questions About Indiana § 21-37-3-3
What does Indiana Code § 21-37-3-3 cover?
Section 21-37-3-3 ("Bids; procedures") is part of the Indiana Code, the codified statutory law of Indiana. 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 Indiana § 21-37-3-3?
A common citation format is "Indiana Code § 21-37-3-3" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 21-37-3-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.