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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 2. A contract between a state agency and a contractor must contain the following provisions:
(1) To the extent practicable, clearly defined scopes and success metrics.
(2) Liquidated damages or other remedies for missed deadlines or overages.
(3) A requirement for either of the following:
(A) An independent third party review verifying that the parties to the contract performed their obligations under the contract in compliance with the terms of the contract.
(B) Other appropriate methods or means for verification and validation of the terms of the contract.
Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-35.7-4-2 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-35-7-4-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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