2 Colo. Code Regs. § 601-10 Chapter 1
Statement of Basis and Purpose and Statutory Authority
The rules implement the provisions of the Construction Bidding for Public Projects Act (Article 92 of Title 24, C.R.S.) as they relate to the repair, construction and maintenance of highway and bridge Public Projects where the Colorado Department of Transportation ("CDOT"), is the contracting agency.
The purpose of these rules is to set forth authority for promulgation of the rules, to set forth definitions to be applied throughout the rules, and to establish certain prohibitions applicable to the rules.
Specific statutory authority to promulgate rules relating to, and necessary to implement, the provisions of, the "Construction Bidding for Public Projects Act," Section 24-92-101, et seq., C.R.S., is granted to the Executive Director of CDOT by Section 24-92-110, C.R.S., and 24-109-202, C.R.S. The statement of basis, statutory authority and purpose is hereby incorporated by reference and made a part of the rules.
In 2014, CDOT updated 2 CCR 601-10 As a result of HB13-1292, codified at Section 24-92-110, C.R.S., which made modifications to procurement requirements for government contracts, including the evaluation of a Competitive Sealed Best Value Bid ("CSBV") pursuant to Section 24-92-103.5(3), C.R.S.
In 2018, CDOT is updating 2 CCR 601-10 primarily as a result of SB 17-211, which directed CDOT to update the contract amounts for which a bidder is required to submit an audited financial statement reviewed by a certified public accountant, and also to make other non-substantive changes for clarification to the rules.
Rule updates: March 30, 2014, November 1, 2006; March 2, 1999; June 30, 1990; May 30, 1986; May 30, 1985; September 30, 1983.
Applicability
These rules are applicable to CDOT and all Contractors that submit Bids on Public Projects. Nothing contained in the rules voids the provisions in the Invitation for Bids. Exemptions to the rules are as set forth in Section 24-92-104, C.R.S., which is incorporated herein by reference.
2 CCR 601-10 Chapter 1