Indiana Code 5-22-14-9. Assistance from Indiana economic development corporation
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Sec. 9. The Indiana economic development corporation may assist a governmental body in doing any of the following:
(2) Assisting small businesses in complying with the procedures for bidding on governmental contracts.
(1) Compiling and maintaining a comprehensive list of small businesses.
Terms Used In Indiana Code 5-22-14-9
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- small business: means a business that:
Indiana Code 5-22-14-1
(3) Examining requests from governmental bodies for the purchase of supplies to help determine which purchases are to be designated small business set-asides.
(4) Simplifying specifications and contract terms to increase the opportunities for small business participation in governmental contracts.
(5) Investigations by a governmental body to determine the responsibility of offerors on small business set-asides.
As added by P.L.49-1997, SEC.1. Amended by P.L.4-2005, SEC.32.