22-34-8
Section 22-34-8 Sale of bonds. The bonds and other evidences of indebtedness of the authority
may be sold at such time or times as the board of directors may deem advantageous. The bonds
may be sold at private or public sale. Bonds sold at public sale shall be awarded to the bidder
whose bid reflects the lowest net interest cost to the authority for the bonds being sold,
computed to their respective absolute maturities; provided, that if no bid acceptable to the
authority is received, it may reject all bids and readvertise. Notice of any public sale shall
be given by such publication or by such distribution of notices of sale or both, as the board
of directors may determine subject to state law. The authority may pay from the proceeds of
the sale of its bonds all expenses, including publication and printing charges, attorney's
fees, financial advisory fees, and other expenses which the board of directors may deem necessary
or advantageous in connection with the authorization,...
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41-10-364
Section 41-10-364 Proceeds of bonds, other than refunding bonds; special fund to pay costs
of acquisition, construction, etc., of mental health facilities; such work supervised by Building
Commission; such work subject to competitive bidding; disposition of moneys remaining. The
proceeds of the bonds, other than refunding bonds, remaining after paying the expenses of
their sale and issuance shall be turned into the State Treasury, shall be carried in a special
fund to be designated the Mental Health Facilities Building Fund, and shall be subject to
be drawn on by the authority for the purpose of paying costs of acquisition, construction,
improvement and equipping of mental health facilities in the state. For the purposes of this
article, the improvement of a facility shall be deemed to include the renovation, modernization,
remodeling, and equipment thereof and the construction of additions thereof, and the construction
of a facility shall be deemed to include the acquisition of real...
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14-2-16
Section 14-2-16 Bonds - Sale. Bonds of the authority may be sold at such price or prices and
at such time or times as the board of directors of the authority may consider advantageous,
either at public sale or private sale. Bonds of the authority sold by competitive bid must
be sold, whether on sealed bids or at public auction, to the bidder whose bid reflects the
lowest effective borrowing cost to the authority for the bonds being sold; provided, that
if no bid acceptable to the authority is received, it may reject all bids. Notice of each
such sale by competitive bids shall be given by publication in either a financial journal
or a financial newspaper published in the City of New York, New York, and also by publication
in a newspaper published in the State of Alabama, each of which notices must be published
at least one time not less than 10 days before the date for the sale. The board of directors
may fix the terms and conditions under which such sale may be held; provided, that...
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16-1-2.2
Section 16-1-2.2 New construction at public two-year and four-year institutions of higher education
to include approved safe space or hallway. (a) Commencing on August 1, 2012, any new contract
awarded for the construction of a new building, containing classrooms or dorm rooms, on the
grounds of a public two-year or four-year institution of higher education shall include an
Alabama Building Commission approved safe space or hallway. (b) The State Department of Postsecondary
Education and the separate boards of trustees of the four-year institutions of higher education
in the state shall coordinate with the Alabama Building Commission to develop, promulgate,
and enforce any rules necessary for the implementation of this section. (Act 2012-554, p.
1634, §1.)...
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22-29-9
Section 22-29-9 Bonds - Procedure for sale. The bonds of the authority may be sold at such
time or times as the board of directors may deem advantageous; but unless sold to a local
public body or to the United States of America or an agency of the United States of America,
such bonds shall be sold at public sale, either on sealed bids or at public auction, to the
bidder whose bid reflects the lowest net interest cost to the authority for the bonds being
sold, computed to their respective absolute maturities; provided, that if no bid acceptable
to the authority is received, it may reject all bids and readvertise; provided further, that
if no bid shall be received, the authority may negotiate for a private sale of the bonds.
Notice of any public sale shall be given by such publication or by such distribution of notices
of sale, or both, as the board of directors may determine. The authority may pay from the
proceeds of the sale of its bonds all expenses, including publication and...
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41-10-313
Section 41-10-313 Price of bonds; competitive bidding; notice of sale; expenses of sale. Bonds
of the authority may be sold at such price or prices and at such time or times as the board
of directors of the authority may consider advantageous, at public or private sale. If bonds
are to be sold by competitive bid on sealed bids or at public auction, the bonds may be sold
only to the bidder whose bid reflects the lowest effective borrowing cost to the authority
for the bonds being sold; provided, that if no bid acceptable to the authority is received,
it may reject all bids. Notice of each such sale by competitive bids shall be given by publication
in either a financial journal or a financial newspaper published in the City of New York,
New York, and also by publication in a newspaper published in the State of Alabama, each of
which notices must be published at least one time not less than 10 days before the date fixed
for such sale. The board of directors may fix the terms and...
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41-10-503
Section 41-10-503 Sale of bonds. Bonds of the authority may be sold at such price or prices
and at such time or times as the board of directors of the authority may consider advantageous,
at public or private sale. If bonds are to be sold by competitive bid on sealed bids or at
public auction, the bonds may be sold only to the bidder whose bid reflects the lowest effective
borrowing cost to the authority for the bonds being sold; provided, that if no bid acceptable
to the authority is received, it may reject all bids. Notice of each such sale by competitive
bids shall be given by publication in either a financial journal or a financial newspaper
published in the City of New York, New York, and also by publication in a newspaper published
in the State of Alabama, each of which notices must be published at least one time not less
than 10 days before the date fixed for such sale. The board of directors may fix the terms
and conditions under which such sale by competitive bids may be held;...
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14-2-1
Section 14-2-1 Definitions. For the purposes of this chapter, the following terms shall have
the meanings respectively ascribed to them by this section: (1) AUTHORITY. The public corporation
organized pursuant to the provisions of this chapter. (2) COMMISSION. The Building Commission
created by Section 41-9-140 and its successors as the state agency for awarding construction
contracts and supervising construction. (3) DEPARTMENT. The Alabama Department of Corrections
created by Section 14-1-1.1 and its successors as the state agency responsible for supervising
and controlling the operation of the correctional institutions of the state. (4) STATE. The
State of Alabama. (5) BONDS. The bonds issued under the provisions of this chapter. (6) FACILITIES.
Such term includes any one or more of the following: a. Prisons; b. Buildings and enclosures
for housing, containing or supervising prisoners; and c. Any facilities necessary or useful
in connection with prisons, buildings or enclosures,...
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16-1-2.1
Section 16-1-2.1 New school construction to include approved safe space or hallway. (a) Commencing
on July 1, 2010, any new contract awarded for the construction of a new public school, unless
the school has an Alabama Building Commission approved safe space or hallway, shall include
an Alabama Building Commission approved safe space or hallway. (b) The State Department of
Education shall coordinate with the Alabama Building Commission and develop, promulgate, and
enforce any rules necessary for the implementation of this section. (Act 2010-746, p. 1885,
§1.)...
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16-13B-9
Section 16-13B-9 Assignment of contract. No contract awarded to the lowest responsible bidder
shall be assignable by the successful bidder without written consent of the awarding authority,
and in no event shall a contract be assigned to an unsuccessful bidder whose bid was rejected
because he or she was not a responsible bidder. (Act 2009-760, p. 2294, §1.)...
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