267.240 Construction contract -- Bond -- Board may construct.

324 words·~1 min read·/ky/chapter-267/267-240

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(1)Upon final reference to it by the court of any drainage proceedings, the board shall

give notice by publication pursuant to KRS Chapter 424 in the county in which the

improvement is located, of the time and place of letting the work of construction

and of the approximate amount of work to be done and the time fixed for its

completion. On the date appointed for the letting the board, together with the chief

engineer, shall convene and let the work to the lowest responsible bidder, either as a

whole or in sections, as they may deem most advantageous for the district. No bid

shall be entertained that exceeds the estimated cost unless for good reasons it is

shown that the original estimate was erroneous. The board may reject all bids and

advertise again, if it believes it will be in the interest of the district to do so. The

board may employ persons and teams and lease, rent, hire or purchase machinery

and equipment, and directly construct the improvement according to the plans and

specifications, without letting a contract. The board may exercise the same power in

cleaning out, straightening and reconstructing old public ditches, but the expense in

any case shall not exceed the estimate of the drainage engineer for the work.

(2)If the board accepts a bid, the successful bidder shall be required to enter into a

contract with the board and to execute a bond for the faithful performance of such

contract, with sufficient sureties, in favor of the board for the use and benefit of the

district, in an amount equal to fifty percent (50%) of the estimated cost of the work

awarded to him. The board may maintain action for breach of the contract against

any contractor and the sureties on his bond, and in case of breach of the contract the

work may be advertised and relet in the same manner as the original letting.