Indiana Code
Chapter 4. General Administrative Provisions
20-25-4-2. Contracts Involving More Than $75,000; Bidding for Supplies and Materials

Sec. 2. (a) A contract involving more than seventy-five thousand dollars ($75,000) must be:
(1) in writing;
(2) executed in the name of the board by:
(A) the board's business manager; or
(B) another board designated employee; and
(3) approved by the board.
(b) If money for a contract or purchase has been appropriated by the board, the designated employee may make contracts and purchases not exceeding seventy-five thousand dollars ($75,000) in any one (1) transaction. A contract and purchase under this subsection must be reported to the board at its next regular meeting.
(c) A purchase of supplies or materials may not be made from one (1) person, firm, limited liability company, or corporation at any one (1) time or in any one (1) transaction totalling more than ten thousand dollars ($10,000) unless bids for the purchase of the supplies or the materials have been advertised and accepted. The board shall determine the mode and manner of advertising for bids for supplies and materials.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-3-11-15.]
As added by P.L.1-2005, SEC.9.

Structure Indiana Code

Indiana Code

Title 20. Education

Article 25. Indianapolis Public Schools

Chapter 4. General Administrative Provisions

20-25-4-1. Contracts or Obligations; Appropriations

20-25-4-2. Contracts Involving More Than $75,000; Bidding for Supplies and Materials

20-25-4-3. School Building Improvements; Bidding Procedure

20-25-4-4. Designation of Bid Committee; Opening and Tabulating of Bids

20-25-4-5. Repealed

20-25-4-6. Repealed

20-25-4-7. Repealed

20-25-4-8. Repealed

20-25-4-9. Repealed

20-25-4-10. Limitations on Debt; Eminent Domain Power of Board of School Commissioners

20-25-4-11. Board of School Commissioners; Powers and Duties Conferred by Law

20-25-4-12. Board of School Commissioners; Powers; Prohibited Land Acquisitions

20-25-4-13. Operating Expenses for Special Schools and Vacation Schools; Imposition of Fees

20-25-4-14. School Cities; Power to Sell Real Estate and Transfer Personal Property

20-25-4-15. Absence of Board Commissioners or Employees; Reimbursement for Expenses

20-25-4-16. Industrial or Manual Training and Education System; Establishment

20-25-4-17. Industrial or Trade School Properties Acquired by Gift; Maintenance and Operation of Trade School; Transfer Tuition Charges; Nonresidents

20-25-4-18. Authority of School Cities to Accept Property in Trust

20-25-4-19. School Lunches; Expenses

20-25-4-20. Applicability of General School Laws

20-25-4-21. School Reorganization Plans; Applicability

20-25-4-22. Authority to Establish Police Department