Indiana Code 5-32-4-7. Public agency options if CMc contract terminated or not executed
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Sec. 7. (a) If any of the following occur, the public agency may proceed as described in subsection (b):
(2) The public agency and the selected offeror are unable to reach agreement on a CMc contract.
(1) The CMc contract is terminated under section 6 of this chapter.
Terms Used In Indiana Code 5-32-4-7
- Contract: A legal written agreement that becomes binding when signed.
- Statute: A law passed by a legislature.
(3) The selected offeror does not provide the required bonds as provided in the RFP or this article.
(b) If any of the events described in subsection (a)(1), (a)(2), or (a)(3) occur, the public agency may do any of the following:
(1) Negotiate a contract with another offeror.
(2) Award contracts and complete the project under any other applicable public works statute.
(3) Terminate the project.
As added by P.L.128-2014, SEC.1.