Indiana Code § 36-1-9.5-43

Equipment rating credit; aggregate and respective classified ratings; tentative factors
Open in Lexace · Ask the AI about this section
Sec. 43. (a) An entity may not provide a rating credit for equipment: (1) that cannot satisfactorily be identified as to kind, type, and capacity; or (2) for which the essential information concerning the equipment's cost and age is not supplied.       (b) An entity shall provide a contractor with a tentative factor of one hundred percent (100%) in the contractor's aggregate and respective classified ratings. Each of these tentative factors may be reduced wholly or in part for the contractor's deficiencies in the following areas: (1) The contractor's organization and personnel. (2) The contractor's work experience and prosecution of work on previous contracts. (3) The contractor's quality of workmanship on contracts. (4) The condition and adequacy of the contractor's equipment. (5) The contractor's experience with the general public and equal employment opportunity requirements.

‹ Prev All Indiana sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.