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267.240 Construction contract -- Bond -- Board may construct.
(1)
(2)
Upon final reference to it by the court of any drainage proceedings, the board
shall give notice by publication pursuant to KRS Chapter 424 in the county in
which the improvement is located, of the time and place of letting the work of
construction and of the approximate amount of work to be done and the time
fixed for its completion. On the date appointed for the letting the board,
together with the chief engineer, shall convene and let the work to the lowest
responsible bidder, either as a whole or in sections, as they may deem most
advantageous for the district. No bid shall be entertained that exceeds the
estimated cost unless for good reasons it is shown that the original estimate
was erroneous. The board may reject all bids and advertise again, if it believes
it will be in the interest of the district to do so. The board may employ persons
and teams and lease, rent, hire or purchase machinery and equipment, and
directly construct the improvement according to the plans and specifications,
without letting a contract. The board may exercise the same power in cleaning
out, straightening and reconstructing old public ditches, but the expense in any
case shall not exceed the estimate of the drainage engineer for the work.
If the board accepts a bid, the successful bidder shall be required to enter into
a contract with the board and to execute a bond for the faithful performance of
such contract, with sufficient sureties, in favor of the board for the use and
benefit of the district, in an amount equal to fifty percent (50%) of the estimated
cost of the work awarded to him. The board may maintain action for breach of
the contract against any contractor and the sureties on his bond, and in case of
breach of the contract the work may be advertised and relet in the same
manner as the original letting.
Effective:June 21, 1974
History: Amended 1974 Ky. Acts ch. 386, sec. 53, effective June 21, 1974. -Amended 1966 Ky. Acts ch. 239, sec. 183. -- Recodified 1942 Ky. Acts ch. 208,
sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2380-26, 2380-28.
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