Sec. 6. An offeror does not gain a property interest in the award of a contract by a governmental body unless:

(1) the offeror is awarded the contract; and

Terms Used In Indiana Code 5-22-3-6

  • Contract: A legal written agreement that becomes binding when signed.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) the contract is completely executed.

As added by P.L.49-1997, SEC.1.