Indiana Code 4-20.5-22-8. Awarding a lease
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Terms Used In Indiana Code 4-20.5-22-8
- agency: has the meaning set forth in Indiana Code 4-20.5-22-3
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Sec. 8. The agency shall award a lease under this chapter to the responsive and responsible bidder who submits the highest bid for the particular lease.
As added by P.L.182-2009(ss), SEC.62.