Ind. Code § 8-23-9-25

Current through P.L. 171-2024

Section 8-23-9-25 - Nonperformance or abandonment of contracts; completion of work; costs and expenses

Any time a contractor:

(1) fails to commence or carry forward;

(2) improperly performs;

(3) has abandoned; or

(4) fails or refuses to complete;

a contract executed under this chapter, the commissioner may relet the work or may complete the work. The commissioner shall deduct the cost and expense from any money that may be due the contractor, and if there is not sufficient money due the contractor to pay for the work, the commissioner shall require the bondsmen to pay for it. The attorney general shall prosecute suit in the name of the state for the collection of the payment under this section.

IC 8-23-9-25

As added by P.L. 18-1990, SEC.218.