45A.750 Negotiation of contract.

172 words·~1 min read·/ky/chapter-45a/45a-750

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Based on the rankings developed in KRS 45A.745(3), the local public agency shall

contact the highest-ranked firm and attempt to negotiate a contract for a fair and

reasonable value that takes the following into account:

(a)The estimated value of the services needed;

(b)The scope and complexity of the proposed project;

(c)The business risk anticipated; and

(d)The professional nature of the services required.

(2)If the local public agency is unable to negotiate a satisfactory contract with the

highest-ranked firm, negotiations with that firm shall be terminated. The local

public agency shall then go through the negotiation process with the next firm in the

rankings, continuing this procedure until an agreement is reached or the list of

ranked firms is exhausted.

(3)If negotiations with all of the ranked firms fail to result in a satisfactory contract, the

local public agency shall reevaluate the architectural or engineering services

involved in the proposed project and proceed to comply with KRS 45A.740 and

45A.745 until a contract is successfully negotiated.