73.19 - NEGOTIATED PRICE OR BID CONTRACT.
73.19 NEGOTIATED PRICE OR BID CONTRACT.
In awarding a contract under the targeted small business
procurement goal program, a director of an agency or department, or
community college, area education agency, or school district, having
purchasing authority may use either a negotiated price or bid
contract procedure. A director of an agency or department, or
community college, area education agency, or school district, using a
negotiated contract shall consider any targeted small business
engaged in that business. The director of the department of economic
development or the director of the department of management may
assist in the negotiation of a contract price under this section.
Surety bonds guaranteed by the United States small business
administration are acceptable security for a construction award under
this section. Section History: Recent Form
86 Acts, ch 1245, § 835; 90 Acts, ch 1156, §9; 91 Acts, ch 267,
§225
Referred to in § 8A.311, 10A.104, 11.46, 12E.12, 15.108, 97B.7A