Colorado Code § 29-1-702

Legislative declaration
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The general assembly hereby declares that the
procedures for procurement by local government of construction projects which will be funded
in whole or in part by the state through the highway users tax fund is a matter of statewide
concern; that the identification and widespread publication of such projects will increase the
competition for such projects leading to a decreased cost to taxpayers throughout the state; that
increased privatization of such projects by local governments will aid in the development and
retention of local small businesses, industries, and construction firms, will broaden the economic
base of local areas, and will contribute to increased economic vitality throughout the state; and
that the provisions of this part 7 are enacted in the exercise of the police powers of this state for
the purpose of protecting the health, peace, safety, and welfare of the people of this state.

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