Spending limit when no satisfactory proposal received

Ind. Code § 8-23-9-6, under Chapter 9. State Highway Contracts; General Powers.

Ind. Code § 8-23-9-6

Sec. 6. The commissioner may not expend more than eighty-five percent (85%) of the amount of the lowest and best proposal submitted for the kind of improvement proposed to be made when acting under section 5 of this chapter. As added by P.L.18-1990, SEC.218.