No contract or agreement with any contractor for the construction of low-income housing exceeding ten thousand dollars ($10,000) shall be made without advertising for bids. The bids shall be opened publicly and an award made to the best bidder, with power in the authority to reject any or all bids.
Effective: July 15, 1996

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Terms Used In Kentucky Statutes 80.130

  • authority: means any housing authority created pursuant to this chapter. See Kentucky Statutes 80.010
  • Contract: A legal written agreement that becomes binding when signed.
  • Housing: means a building or buildings containing rooms to be provided as living quarters, together with shops, stores, garages, laundries, doctors' and dentists' offices, and other facilities and appurtenances deemed reasonably necessary by the housing authority to the successful and economical operation of the project. See Kentucky Statutes 80.010

History: Amended 1996 Ky. Acts ch. 237, sec. 5, effective July 15, 1996. — Amended
1984 Ky. Acts ch. 361, sec. 5, effective July 13, 1984. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 927a-4, 2741x-4.