Indiana § 5-16-1-2 - Bidders; submission of statement of experience, proposed plan, financial status, and trust relationship; forms
Full text of Indiana Indiana Code § 5-16-1-2 — Bidders; submission of statement of experience, proposed plan, financial status, and trust relationship; forms, with citation guidance and answers to common questions.
§ 5-16-1-2. Bidders; submission of statement of experience, proposed plan, financial status, and trust relationship; forms
Sec. 2. (a) Each bidder shall be required to submit under oath with and as a part of the bidder's bid a statement of:
(1) the bidder's experience;
(2) the bidder's proposed plan for performing such work;
(3) the equipment available for the performance of such work;
(4) the bidder's financial status; and
(5) if a trust (as defined in IC 30-4-1-1(a)), the name of each:
(A) beneficiary of the trust; and
(B) settlor empowered to revoke or modify the trust.
(b) The statements required by this section shall be submitted on forms which shall be prescribed by the state board of accounts. The forms prescribed shall:
(1) be designated, respectively, as the experience questionnaire, the plan and equipment questionnaire, and the contractor's financial statement; and
(2) be based, so far as applicable, on the standard questionnaires and financial statements for bidders as approved and recommended by the joint conference on construction practices, for use in investigating the qualifications of bidders on public construction work.
The forms shall be used by all such boards, commissions, trustees, officers, and agents in obtaining the information required in the administration of this chapter.
(c) If the information submitted by any bidder on the forms prescribed in this section is found, on examination, to be unsatisfactory, the bid submitted by such bidder shall not be considered.
Formerly: Acts 1947, c.306, s.2; Acts 1965, c.251, s.1; Acts 1967, c.152, s.1. As amended by P.L.33-1983, SEC.15; P.L.336-1989(ss), SEC.15.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 5-16-1-2
What does Indiana Code § 5-16-1-2 cover?
Section 5-16-1-2 ("Bidders; submission of statement of experience, proposed plan, financial status, and trust relationship; forms") 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.
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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.
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Sources & Verification
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