California Streets and Highways Code 171 – Prior to the commencement of each fiscal year, the department may …
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Prior to the commencement of each fiscal year, the department may advertise for bids for capital outlay projects anticipated to be budgeted during the fiscal year. However, the department shall not award any contract for any capital outlay project until (1) sufficient funds have been appropriated for such project and (2) the commission has allocated sufficient funds for the project.
(Added by Stats. 1977, Ch. 1106.)
Terms Used In California Streets and Highways Code 171
- commission: means the California Transportation Commission. See California Streets and Highways Code 22
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Department of Transportation of this state. See California Streets and Highways Code 20
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.