1999
BY REPRESENTATIVES Swenson and May;
also SENATORS Powers, Chlouber, Congrove, and Musgrave.
Concerning requirements for highway project bid awards where there are less than three bidders on the project.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. 43-1-113 (16), Colorado Revised Statutes, is amended to read:
43-1-113. Funds - budgets - fiscal year - reports and publications. (16) In the event that there are less than three bidders on a highway project, no award shall be made if such award is more than ten percent over the estimate of the department of transportation on the project; except that, if the estimate of the department on the project is less than one million dollars and there are fewer than three bidders, the executive director may make an award of more than ten percent, but less than twenty-five percent over the estimate of the department to the low responsible bidder, as defined in section 24-103-101 (3), C.R.S.
SECTION 2. Effective date. This act shall take effect at 12:01 a.m. on the day following the expiration of the ninety-day period after final adjournment of the general assembly that is allowed for submitting a referendum petition pursuant to article V, section 1 (3) of the state constitution; except that, if a referendum petition is filed against this act or an item, section, or part of this act within such period, then the act, item, section, or part, if approved by the people, shall take effect on the date of the official declaration of the vote thereon by proclamation of the governor.
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Russell George Ray Powers
SPEAKER OF THE HOUSE PRESIDENT OF
OF REPRESENTATIVES THE SENATE
____________________________ ____________________________
Judith M. Rodrigue Patricia K. Dicks
CHIEF CLERK OF THE HOUSE SECRETARY OF
OF REPRESENTATIVES THE SENATE
APPROVED________________________________________
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Bill Owens
GOVERNOR OF THE STATE OF COLORADO