The board shall publish notice once each week for two consecutive weeks in a newspaper published in the county where the improvement is located, and publish additional advertisement and publication elsewhere as the board may direct. The notice shall state the time and place of letting the work of construction of the improvement, specifying the approximate amount of work to be done in each numbered section of the district, the time fixed for the commencement, and the time of the completion of the work, that bids will be received on the entire work and in sections or divisions of it, and that a bidder will be required to deposit with the bid cash, a certified check on and certified by a bank in Iowa, or a certified share draft from a credit union in Iowa payable to the auditor or the auditor's order, at the auditor's office, in an amount equal to ten percent of the bid, in no case to exceed ten thousand dollars. If the estimated cost of the improvement exceeds fifteen thousand dollars, the board may make additional publication for two consecutive weeks in a contractors' journal of general circulation, giving only the type of proposed construction or repairs, estimated amount, date of letting, amount of bidder's bond, and name and address of the county auditor. All notices shall fix the date to which bids will be received and upon which the work will be let. However, when the estimated cost of the improvement is less than ten thousand dollars, the board may let the contract for the construction without taking bids and without publishing notice.
[C73, § 1212; C97, § 1944; S13, § 1944; SS15, § 1989-a8; C24, 27, 31, 35, 39, § 7459; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 455.40]
84 Acts, ch 1055, § 10; 84 Acts, ch 1189, § 1; 89 Acts, ch 126, § 2 ~ICS89, § 468.34 ~I94 Acts, ch 1051, §2
See § 468.66
Iowa General Assembly
Search: Iowa Code 1995
© 1996 Cornell College and League of Women Voters of Iowa
Comments? webmaster@legis.iowa.gov.
Last update: Thu Feb 8 18:14:51 CST 1996
URL: /IACODE/1995/468/34.html
jhf