Effective: June 29, 2011
Latest Legislation: House Bill 114 - 129th General Assembly
The director of transportation may provide that prior to the bid opening, the official engineer's estimate of cost of any project to be constructed by the department of transportation shall be confidential information. After the bid opening, only the total official engineer's estimate of cost may be published.
The unit price components and the estimate of cost of any particular item of work involved therein shall be kept and regarded by the director and all the director's subordinates as confidential, and are not public records for purposes of section 149.43 of the Revised Code. This section does not prohibit the department from furnishing unit price components and the estimate of cost for any particular item of work involved therein to the federal government, counties, municipal corporations, or other local political subdivisions or to railroad or railway companies proposing to pay any portion of the cost of an improvement. Planning estimates are those estimates created for management of the capital program of the department and are public records for purposes of section 149.43 of the Revised Code.
Section 5525.10 of the Revised Code, which provides that no contract for any improvement shall be awarded for a greater sum than the estimated cost thereof plus five per cent, does not apply in the case of any project with respect to which the authority conferred by this section is exercised. In cases in which the authority conferred by this section is exercised and in which the bid of the successful bidder exceeds the estimate, the director, before entering into a contract, shall determine that the bid of the successful bidder is fair and reasonable, and as long as the federal government imposes regulation on prices charged for construction service, shall require the successful bidder to certify that the bidder's bid does not exceed the maximum permitted by such federal regulation.
Structure Ohio Revised Code
Title 55 | Roads-Highways-Bridges
Chapter 5525 | Construction Contracts
Section 5525.01 | Advertisement for Bids - Awarding of Contracts - Odot Letting Fund.
Section 5525.011 | Complying With Federal Surface Transportation Assistance Act.
Section 5525.02 | Qualification and Classification of Bidders.
Section 5525.03 | Application for Qualification.
Section 5525.04 | Financial Statement and Financial Audit.
Section 5525.05 | Rules - Lists of Qualified Bidders.
Section 5525.06 | Subcontractor Must Be Properly Qualified.
Section 5525.061 | Subcontract Approval.
Section 5525.07 | Notification of Final Action - Prequalification Review Board.
Section 5525.08 | Disposition of Bids of Unqualified Bidders - Nonresponsive Bids.
Section 5525.09 | False Statement With Respect to Financial Worth.
Section 5525.10 | Contracts Not to Be Awarded for More Than Cost Plus Five per Cent.
Section 5525.11 | Contract Upon a Unit Price Basis.
Section 5525.12 | Lumber Deemed Material.
Section 5525.13 | Limitation of Surety Bond and Insurance.
Section 5525.14 | Written Change Orders or Orders for Extra Work.
Section 5525.15 | Cost Estimates May Be Confidential.
Section 5525.16 | Contract Performance Bond and Payment Bond.
Section 5525.17 | Failure of Contractor or Surety to Complete Work.
Section 5525.18 | Contract With Foreign Corporation.
Section 5525.19 | Payment of Costs.
Section 5525.20 | Incentive and Disincentive Contract Provisions.
Section 5525.21 | Authorizing Minimal Amount of Foreign Steel Products in Bridge Projects.
Section 5525.22 | Demolition Contracts.
Section 5525.23 | Binding Dispute Resolution for Contract Controversies.
Section 5525.25 | Warranty Specifications in Bidding Documents.