Sec. 5. (a) This section does not apply to a contract for the lease of property owned by the state under which no state expenditures are required.
(b) When the fiscal body of the governmental body makes a written determination that funds are not appropriated or otherwise available to support continuation of performance of a contract, the contract is considered canceled.
(c) A determination by the fiscal body that funds are not appropriated or otherwise available to support continuation of performance is final and conclusive.
As added by P.L.49-1997, SEC.1. Amended by P.L.177-2021, SEC.2.
Structure Indiana Code
Title 5. State and Local Administration
5-22-17-1. Cost Plus a Percentage of Cost Contract
5-22-17-2. Cost Reimbursement Contract
5-22-17-3. Contracts for Supplies; Time Periods
5-22-17-4. Renewal of Contracts
5-22-17-6. Early Performance; Completion After Termination Date
5-22-17-7. Contract for Remediation of Hazardous Waste Site
5-22-17-8. Contract for Supplies and Services to Implement Ebt Program
5-22-17-9. Extension of Offers to Political Subdivisions
5-22-17-10. Contract for Petroleum Products
5-22-17-11. Contract for Sand, Gravel, Asphalt, Paving Materials, or Crushed Stone
5-22-17-12. Separate Contracts; Awarding Contract to an Offeror Other Than the Lowest Offeror