CoSN Update

The question goes like this, "We are resurfacing several parking lots this summer and the cost will exceed $35,000, am I required to take bids?"

The answer is "yes." A project of this size would be considered a capital improvement project which is defined as an improvement of buildings or grounds in which labor is involved (other than district labor).

In addition to taking bids, there are other requirements for a project this size. For projects (major repairs/alterations, new buildings/structures) with an estimated cost of $35,000 or more, there are specific requirements including advertising, sealed bids, timelines for awarding bids, bid bond, performance bonds, contractor licenses, and engineer and architect licenses (A.C.A. § 22-9-203).

If you have questions for Mike, email them to m.mertens@theaaea.org

Asked

& Answered

Mike Mertens AAEA Assistant Executive Director

Click here to read this month’s topics: EmpowerED Superintendent Webinar Series and a recording of the Super Power of Techno-Color in IT session.