Section 18.1240 - Cost plus construction contract; conditions.
THE MANAGEMENT AND BUDGET ACT (EXCERPT)
Act 431 of 1984
18.1240 Cost plus construction contract; conditions.
Sec. 240.
A cost plus construction contract shall not be entered into unless all of the following occur:
(a) The contract cost is less than $50,000.00.
(b) The contract is for emergency repair or construction caused by unforeseen circumstances.
(c) The repair or construction is necessary to protect life or property.
(d) The contract complies with the contract requirements of the department of civil rights.
History: 1984, Act 431, Eff. Mar. 29, 1985
Popular Name: Act 431
Popular Name: DMB