State Codes and Statutes
Statutes > Indiana > Title21 > Ar34 > Ch9IC 21-34-9
Chapter 9. Contracts; Approval by the Budget Agency
IC 21-34-9-1
Issuance of bonds; contracts; fees; approval of budget agency and
governor
Sec. 1. Except as provided by this chapter, contracts to:
(1) acquire land for or to construct, purchase, lease, sublease, or
otherwise acquire; or
(2) engage architectural or engineering services in connection
with;
any building facilities to be financed in whole or in part by the
issuance of bonds under this article or by student building facilities
fees charged and collected under this article, may not be made by a
state educational institution without the specific approval of the
budget agency and the governor.
As added by P.L.2-2007, SEC.275.
IC 21-34-9-2
Applicability of chapter
Sec. 2. This chapter does not apply to any contract:
(1) relating to a building facility the cost of which does not
exceed fifty thousand dollars ($50,000); or
(2) for architectural or engineering services relating to the
planning of a building facility.
As added by P.L.2-2007, SEC.275.
