80 IAC 9-4-3 Projects costing less than $150,000; quotations from contractors; award

Sec. 3. (a) If the estimated cost of a commission works project is less than one hundred fifty thousand dollars ($150,000), the executive director, in his or her discretion, may award a commission works contract either under: (1) section 2 of this rule; or (2) this section. (b) If the executive director awards a contract under this section, the commission shall: (1) publish notice in accordance with IC 5-16-1-3(a); or (2) require the invitation of quotations from at least three (3) contractors known to them to deal in the work required to be done in accordance with IC 5-16-1-3(b)(2). Failure to receive three (3) quotations shall not prevent an award from being made. (c) Quotations given by a contractor under this section: (1) must be in writing; (2) shall be considered firm; and (3) may be the basis upon which the executive director awards a commission works contract. (d) A contract shall be awarded to the lowest responsible and responsive contractor. (e) This subsection applies whenever a contract is awarded by quotation. A quote submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each of the following: (1) The beneficiary of the trust. (2) The settlor empowered to revoke or modify the trust.