Indiana Code 5-22-14-5. Reasonable expectation of two offers
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Terms Used In Indiana Code 5-22-14-5
- small business: means a business that:
Indiana Code 5-22-14-1
Sec. 5. A governmental body may not designate a purchase as a small business set-aside unless there is a reasonable expectation that offers will be obtained from at least two (2) small businesses capable of furnishing the desired supplies or service at a fair and reasonable price.
As added by P.L.49-1997, SEC.1.