HomeMy WebLinkAboutD-1799-06 Public Works Bond Requirements
SPONSORS: Councilors Glaser and Sharp
ORDINANCE D-1799-06
AS AMENDED
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF CARMEL. INDIANA.
PERTAINING TO BIDDING ON CERTAIN PUBLIC WORKS PROJECTS
WHEREAS, the City is authorized to enter into contracts for the construction, alteration and
renovation of public buildings and structures that are paid for out of public funds; and
WHEREAS, Indiana Code 36-1-12 does not regulate City public works projects ofless than Fifty
Thousand Dollars ($50,000.00) in value; and
WHEREAS, it is in the public interest to ensure that all public works projects of substantial value
that are paid primarily or wholly out of public funds are bonded.
NOW, THEREFORE, BE IT ORDAINED, by the Common Council of the City of Carmel,
Indiana, as follows:
Section 1. The foregoing Recitals are incorporated herein by this reference.
Section 2. Chapter 2, Article 5, Section 2-183 should be and the same is hereby adopted and
added to the Carmel City Code and shall read as follows:
"Sec. 2-183 Bond Reauired On Public Works Proiects.
a, Every City public works project having a value of more than $7,500 but less than Fifty Thousand Dollars
($50,000.00), eighty percent (80%) or more of which is paid out of public funds, shall require a
performance bond to ensure the timely and satisfactory completion of the project.
b. The amount of the performance bond shall be as follows:
(i) Projects less than $7,500.00 - No bond required;
(ii) Projects greater than $7,500.00 but less than $10,000,00-. $10,000.00 bond;
(iii) Projects between $10,000.00 and $25,000.00-. $25,000 bond;
(iv) Projects more than $25,000.00 n $50,000.00 bond
c. Any quote, bid or other proposal received by the City in violation of this Section shall be deemed nuil and
void and shall not be considered when awarding the public works project contract to which it relates.
Section 3. The remaining provisions of Carmel City Code Chapter 2, Article 5, are not affected by
this Ordinance and remain in full force and effect.
VERSION A - 6/8/06
I
The initial draft of this document was prepared by Douglas C. Haney, Carmel City Attorney on February 22,2006. Any
changes thereafter made ro this document are the sole responsibility of the document sponsor.
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SPONSORS: Councilors Glaser and Sharp
Section 4. All prior ordinances or parts thereof inconsistent with any provision of this Ordinance
are hereby repealed, to the extent of such inconsistency only, as of the effective date of this Ordinance.
However, the repeal or amendment by this Ordinance of any other ordinance does not affect any rights or
liabilities accrued, penalties incurred or proceedings begun prior to the effective date of this Ordinance.
Those rights, liabilities and proceedings are continued and penalties shall be imposed and enforced under
such repealed or amended ordinance as if this Ordinance had not been adopted.
Section 5. If any portion of this Ordinance is for any reason declared to be unconstitutional or
invalid, such decision shall not affect the validity of the remaining portions of this Ordinance so long as
enforcement of same can be given the same effect.
Section 6. This Ordinance shall be in full force and effect from and after its passage and signing
by the Mayor pursuant to Indiana law.
PASSED
~.- '-
by the Common Council of the City
2006, by a vote of "7 ayes and
of Carmel, Indiana, this t '\. -I-"day of
() nays.
VERSION A - 6/8/06
2
The initial draft of this document was prepared by Douglas C. Haney, Carmel City Attorney on February 22, 2006. Any
changes thereafter made to this document are the sole responsibility of the document sponsor.
(Z:\LFlnc D Drive\Filcs\Ordinanccs\2006\o.I799+06, A~ Amended clean copydoc:6/8I2006 2:40 PM)
SPONSORS: Councilors Glaser and Sharp
ATT~~
Diana L. Cordray, IAMC, cl0easurer
Presented by me to the Mayor of the City of Carmel, Indiana, this
2006, at ~ O'clock, J!..... M.
+"
.;to daYOf~
Diana L. Cordray, lAMC, Clerk-T
. ,r;-
ApP!'I:l&.d by me, Mayor of the City of Carmel, Indiana, thisJl!... day of
2006, at ,.... O'clock, ~. M.
If} ..
.
ATTEST:
L~
VERSION A - 6/8/06
3
The initial draft of this document was prepared by Douglas C. Haney, Carmel City Attorney on February 22,2006. Any
changes thereafter made to this document are the sole responsibility of the document sponsor.
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