Indiana Code 5-22-14-8. Acceptance of offer resulting in unreasonable price
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Terms Used In Indiana Code 5-22-14-8
- small business: means a business that:
Indiana Code 5-22-14-1
Sec. 8. If the purchasing agent determines that acceptance of the lowest responsible and responsive offer will result in the payment of an unreasonable price, the purchasing agent shall reject all offers and may withdraw designation of the purchase as a small business set-aside.
As added by P.L.49-1997, SEC.1.