Sec. 37. (a) A contractor may be classified for one (1) or more types of work. A contractor will be rated in accordance with the contractor's financial ability, adequacy of plant and equipment, organization, prior experience, record of construction and any other relevant and material facts that may affect the classification.
(b) An entity shall assign a contractor a classification that will limit the type and quantity of uncompleted work the contractor may have under a contract with the entity at any time as principal or subcontractor, regardless of the location of the work or with whom the work is contracted.
(c) The entity shall assign a contractor an aggregate amount that will be the largest dollar amount of uncompleted work the contractor or subcontractor will have under contract at any time as principal or subcontractor, regardless of the location of the work and with whom the work is contracted.
As added by P.L.85-1991, SEC.3.
Structure Indiana Code
Chapter 9.5. Qualifications of Bidders for Certain Contracts
36-1-9.5-1. Application of Chapter
36-1-9.5-2. "Advertisement" Defined
36-1-9.5-3. "Applicant" Defined
36-1-9.5-4. "Application" Defined
36-1-9.5-6. "Bid Bond" Defined
36-1-9.5-8. "Certificate of Qualification" Defined
36-1-9.5-9. "Contract" Defined
36-1-9.5-10. "Contractor" Defined
36-1-9.5-12. "Payment Bond" Defined
36-1-9.5-13. "Performance Bond" Defined
36-1-9.5-14. "Prequalification Administrator" Defined
36-1-9.5-15. "Proposal" Defined
36-1-9.5-16. "Subcontractor" Defined
36-1-9.5-18. "Unearned Work" Defined
36-1-9.5-19. Qualification Requirement; Notice; Prequalification by Department of Transportation
36-1-9.5-20. Statement of Experience; Form; Contents
36-1-9.5-21. Investigation by Entity
36-1-9.5-23. Statements; Order Considered; Limitation
36-1-9.5-24. Assets of Contractor; Sufficiency
36-1-9.5-25. Qualifications Necessary; Determination
36-1-9.5-26. Recommendation of Prequalification Administrator
36-1-9.5-27. Notice of Entity's Decision; Effective Date of Certificate
36-1-9.5-28. Contractor Evaluation Forms; Confidentiality
36-1-9.5-29. Duration of Certificate's Validity; Expiration Date
36-1-9.5-30. Notice of Nonissuance of Certificate
36-1-9.5-32. Personal Interview of Contractor by Entity; Updated Statement; Audit
36-1-9.5-33. Contractor's Statement of Equipment or Materials; Acceptance by Cpa
36-1-9.5-35. Grant of Qualification $200,000 or Less on Statement Certified by Company Officer
36-1-9.5-36. Initial Statement Submitted by Corporation; Requirements; Foreign Corporations
36-1-9.5-38. Maximum Aggregate Rating; Components; Net Current Assets
36-1-9.5-39. Accepted Net Current Assets; Determination
36-1-9.5-40. Loan Guarantees and Commitments of Applicant; Effect Upon Net Current Assets
36-1-9.5-41. Factors Not Considered in Determining Net Current Assets
36-1-9.5-42. Valuation of Stocks and Bonds; Useful Equipment
36-1-9.5-43. Equipment Rating Credit; Aggregate and Respective Classified Ratings; Tentative Factors
36-1-9.5-44. Unlimited Qualification; Factors Prohibiting Qualification for Work Over $200,000
36-1-9.5-45. Change in Qualification; Notice
36-1-9.5-46. Suspension of Certificate; Grounds; Notice
36-1-9.5-47. Withdrawal of Certificate; Notice
36-1-9.5-48. Revocation of Certificate; Grounds; Notice; Disqualification Period
36-1-9.5-49. Reconsideration Request by Aggrieved Contractor
36-1-9.5-51. Appeal Hearing Request; Notice of Time and Place; Burden of Proof
36-1-9.5-52. Failure to Follow Appeals Procedure; Waiver
36-1-9.5-53. Application of Prequalification Requirements; Subcontractors' Qualification