Current through 2024
Section 39.19.170 - Prequalification of minority and women-owned businesses-Waiver of performance bond(1) State agencies shall not require a performance bond for any public works project that does not exceed twenty-five thousand dollars awarded to a prequalified and certified minority or woman-owned business that has been prequalified as provided under subsection (2) of this section.(2) A limited prequalification questionnaire shall be required assuring: (a) That the bidder has adequate financial resources or the ability to secure such resources;(b) That the bidder can meet the performance schedule;(c) That the bidder is experienced in the type of work to be performed; and(d) That all equipment to be used is adequate and functioning and that all equipment operators are qualified to operate such equipment.