45-8A-111.16
Section 45-8A-111.16 Exemption from competitive bid laws. The authority and all contracts made
by it shall be exempt from the laws of the State of Alabama requiring competitive bids for
any contract to be entered into by municipalities or public corporations authorized by them,
including, but without limitation to, the provisions of Article 3 of Chapter 16 of Title 41.
(Act 85-318, p. 223, §17.)...
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45-8A-20.16
Section 45-8A-20.16 Exemption from competitive bid laws. The authority and all contracts made
by it shall be exempt from the laws of the State of Alabama requiring competitive bids for
any contract to be entered into by municipalities or public corporations authorized by them,
including, but without limitation to, the provisions of Article 3 of Chapter 16 of Title 41.
(Act 85-319, p. 239, §17.)...
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11-88-8
Section 11-88-8 Bonds of authority - Form, terms, denominations, etc.; sale; execution and
delivery; refunding; liability thereon; security for payment of principal and interest and
payment thereof generally; provisions in mortgages, deeds of trust or trust indentures executed
as security for payment of bonds generally. All bonds issued by the authority shall be signed
by the chairman of its board or other chief executive officer and attested by its secretary
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to the bonds of the authority shall be signed by the chairman of its board or other chief
executive officer; provided, that a facsimile of the signature of one, but not both, of said
officers may be printed or otherwise reproduced on any such bonds in lieu of his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a...
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2-3A-32
Section 2-3A-32 Execution. The bonds of each series thereof issued pursuant to this article
shall be sold by said authority at public sale as provided in Amendment 618. Said bonds shall
be executed in the name of the state by the Governor and countersigned by the chairman of
the authority, and the Great Seal of the State shall be impressed thereon and attested by
the Secretary of State. A facsimile of the signature of each such official may be imprinted
on any of said bonds in lieu of being manually inscribed thereon, and a facsimile of the Great
Seal of the State may be printed on said bonds in lieu of such seal being manually impressed
thereon. Each such facsimile signature shall be valid in all respects as if the officials
whose facsimile signatures are so used had signed said bonds in person, and any facsimile
of the Great Seal of the State so used shall be valid in all respects as if such seal had
been manually impressed on said bonds. In the event any official who shall sign any...
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2-3A-52
Section 2-3A-52 Execution. The bonds of each series thereof issued pursuant to this article
shall be sold by said authority at public sale as provided in Amendment 619. Said bonds shall
be executed in the name of the state by the Governor and countersigned by the chairman of
the authority, and the Great Seal of the State shall be impressed thereon and attested by
the Secretary of State. A facsimile of the signature of each such official may be imprinted
on any of said bonds in lieu of being manually inscribed thereon, and a facsimile of the Great
Seal of the State may be printed on said bonds in lieu of such seal being manually impressed
thereon. Each such facsimile signature shall be valid in all respects as if the officials
whose facsimile signatures are so used had signed said bonds in person, and any facsimile
of the Great Seal of the State so used shall be valid in all respects as if such seal had
been manually impressed on said bonds. In the event any official who shall sign any...
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41-10-142
Section 41-10-142 Bonds - Issuance; form, terms, denominations, etc.; sale; refunding bonds;
negotiable; security for payment. All bonds issued by an authority may be executed by such
officers of the authority and in such manner as shall be provided in the proceedings of the
board whereunder the bonds shall be authorized to be issued. Any such bonds may be executed
and delivered by an authority at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall contain such provisions not inconsistent
with the provisions of this article and shall bear such rate or rates of interest, payable
and evidenced in such manner as may be provided by resolution of its board. Bonds of an authority
may be sold at either public or private sale in such manner and at such price or prices and
at such time or times as may be determined by the board to be most advantageous. The principal
of or interest on any bonds issued or obligations assumed by an...
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41-16-24
Section 41-16-24 Advertisement for and solicitation of bids; opening of bids; public inspection;
reverse auction procedures; certain partial contracts void. (a)(1) The Purchasing Agent shall
advertise for sealed bids on all purchases in excess of the competitive bid limit as established
in Section 41-16-20 by posting notice thereof on a bulletin board maintained outside the office
door or by publication of notice thereof, one time, in a newspaper published in Montgomery
County, Alabama, or in any other manner, for such lengths of time as the Purchasing Agent
may determine. The Purchasing Agent shall also solicit sealed bids or bids to be submitted
by reverse auction procedure by notifying all Alabama persons, firms, or corporations who
have filed a request in writing that they be listed for solicitation on bids for the particular
items set forth in the request and the other persons, firms, or corporations the Purchasing
Agent deems necessary to insure competition. If any person, firm,...
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45-48-231.24
Section 45-48-231.24 Form of payment; record of sale; rejection of bid. Whenever any property
is sold at public auction, the sale shall be paid only in cash. A notation in the storage
record book shall be made of the sale and of the amount received for the property. The person
making the sale shall have the right to reject any and all bids if the bid amount is deemed
unreasonably low. The sale may continue, from time to time, if no bidders are present. (Act
93-487, p. 781, § 5.)...
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14-2-20
Section 14-2-20 Bonds - Investment of proceeds. Any portion of the principal proceeds derived
from the sale of the bonds which the board of directors of the authority may determine is
not then needed for any of the purposes for which the bonds are authorized to be issued shall,
on order of the authority, be invested by the State Treasurer in any securities which are
direct and general obligations of the United States of America or the principal of and interest
on which are unconditionally and irrevocably guaranteed by the United States of America. Any
such securities may, at any time and from time to time on order of the authority, be sold
or otherwise converted by the State Treasurer into cash. The income derived from any such
investments shall be disbursed on order of the authority for any purpose for which it may
lawfully expend funds. (Acts 1965, No. 678, p. 1226, §15.)...
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16-61E-2
Section 16-61E-2 Definitions; purchase authorization; competitive bids; applicability of public
contract laws. (a) For purposes of this chapter, the following terms shall have the following
meanings: (1) EDUCATIONAL INSTITUTION. Educational and eleemosynary institutions governed
by boards of trustees or similar governing bodies, state trade schools, state junior colleges,
state colleges, or universities under the supervision and control of the State Board of Education,
city and county boards of education, district boards of education of independent school districts,
Department of Youth Services, the Alabama Institute for Deaf and Blind, the Alabama School
of Fine Arts, and the Alabama School of Math and Science. (2) INFORMATION TECHNOLOGY. Equipment,
supplies, and other tangible personal property, software, services, or any combination of
the foregoing, used to provide data processing, networking, or communications services. (3)
JOINT PURCHASING AGREEMENT. An agreement in writing...
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