Indiana Code 20-26-4-6. Bids for purchase of supplies or equipment
(1) in connection with the purchase of supplies, material, or equipment;
Terms Used In Indiana Code 20-26-4-6
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(3) for any similar purpose.
(b) Bids described in subsection (a):
(1) may be opened by the committee at the time and place fixed by the advertisement for bids;
(2) must be read aloud and tabulated publicly, to the extent required by law for governing bodies; and
(3) must be available for inspection.
(c) The bids described in subsection (a) must be reported to and the tabulation entered upon the records of the governing body at the governing body’s next meeting following the bid opening.
(d) A bid described in subsection (a) may not be accepted or rejected by the committee, but the bid must be accepted or rejected solely by the governing body in a board meeting open to the public as provided in section 3 of this chapter.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-3-5.]
As added by P.L.1-2005, SEC.10.