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45A.675 Small or small minority business set aside.

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45A.675 Small or small minority business set aside. (1) The cabinet shall designate as small or small minority business set aside state contracts of goods, equipment, construction, or services requested to be purchased <br>by or for any agency whenever there is a reasonable expectation that bids can be <br>obtained from at least three (3) small or small minority businesses capable of <br>furnishing the desired property or services at a fair and reasonable price. Such <br>designation should be made prior to the public notice for bids, and the notice shall <br>designate this invitation as a small or small minority business set aside. (2) When an item has been designated as a small or small minority business set aside, invitations for bids shall be confined to small or small minority businesses and bids <br>from other bidders may be rejected. (3) The cabinet shall award contracts to the responsible bidder whose bid meets specifications and offers the best value to the Commonwealth. Effective: July 15, 1998 <br>History: Amended 1998 Ky. Acts ch. 120, sec. 15, effective July 15, 1998. -- Created 1990 Ky. Acts ch. 496, sec. 11, effective July 13, 1990.