162.070 Contracts for buildings, improvements, and materials to be let on competitive bidding -- When advertisements not required.
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<![CDATA[162.070 Contracts for buildings, improvements, and materials to be let on competitive bidding -- When advertisements not required. The contracts for the erection of new school buildings, additions and repairs to old <br>buildings, except additions or repairs not exceeding seven thousand five hundred dollars <br>($7,500), shall be made by the board of education with the lowest and best responsible <br>bidder complying with the terms of the letting, after advertisement for competitive bids <br>pursuant to KRS Chapter 424, but the board may reject any or all bids. All necessary <br>specifications and drawings shall be prepared for all such work. The board shall advertise <br>for bids on all supplies and equipment that it desires to purchase, except where the <br>amount of the purchase does not exceed seven thousand five hundred dollars ($7,500), <br>and shall accept the bid of the lowest and best bidder taking into consideration the price <br>and the reciprocal preference for resident bidders under KRS 45A.494, but the board may <br>reject any and all bids. Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 162, sec. 20, effective July 15, 2010. -- Amended 1990 Ky. Acts ch. 476, Pt. IV, sec. 252, effective July 13, 1990. -- Reenacted 1980 <br>Ky. Acts ch. 250, sec. 1, effective April 9, 1980. History for former KRS 162.070: Repealed 1978 Ky. Acts ch. 110, sec. 106, effective January 1, 1980. -- Amended 1978 Ky. Acts ch. 58, sec. 1, effective June 17, 1978. -- <br>Amended 1976 Ky. Acts ch. 185, sec. 1. -- Amended 1966 Ky. Acts ch. 239, <br>sec. 148. -- Amended 1954 Ky. Acts ch. 172, sec. 1. -- Recodified 1942 Ky. Acts <br>ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4399-48. ]]>