18-2-314. Cost-plus system invalid. Any contracts made by, on behalf of, or for the state of Montana which shall directly or indirectly recognize the cost-plus system or principle shall be void and of no effect and this section shall stand as a notice of the invalidity of any such contract.
History: En. Sec. 5, Ch. 149, L. 1927; re-en. Sec. 259.5, R.C.M. 1935; R.C.M. 1947, 82-1135.
Structure Montana Code Annotated
Chapter 2. Construction Contracts
Part 3. Contract Requirements and Restrictions
18-2-301. Bids required -- advertising
18-2-302. Bid security -- waiver -- authority to submit
18-2-303. Construction bids -- minimum requirements -- effect of failure to comply
18-2-304. and 18-2-305 reserved
18-2-306. Time of final acceptance and final payment on construction contracts -- interest
18-2-307. through 18-2-310 reserved
18-2-313. Contract provisions necessary for federal funds
18-2-314. Cost-plus system invalid
18-2-315. State purchasing not affected