Ind. Code § 5-22-14-5

Current through P.L. 171-2024
Section 5-22-14-5 - Reasonable expectation of two offers

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.

IC 5-22-14-5

As added by P.L. 49-1997, SEC.1.