|
23-1-2
Section 23-1-2 Bid guaranty. Any other provisions of the law to the contrary notwithstanding,
bidders for contract projects which contracts are with the State of Alabama, in behalf of
the Department of Transportation, to be paid, in whole or in part, from funds allocated to
the Department of Transportation from any source whatsoever, or where contracts are with any
of the several counties of the state for a highway, road, street, or bridge project, to be
paid for, in whole or in part, from funds allocated to the county from any source whatsoever,
shall be required to file with the bid, as a bid guaranty, a certified check or bid bond payable
to the awarding authority as follows: (1) A certified check payable to the awarding authority
for an amount not less than five percent of the contractor's bid, but in no event more than
fifty thousand dollars ($50,000); or (2) A bid bond payable to the awarding authority in an
amount not less than five percent of the bid, but in no event more than...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/23-1-2.htm - 1K - Match Info - Similar pages
27-6A-4
Section 27-6A-4 Contract requirements. No person, firm, association, or corporation acting
in the capacity of a managing general agent shall place business with an insurer unless there
is in force a written contract between the parties that sets forth the responsibilities of
each party and where both parties share responsibility for a particular function, specifies
the division of such responsibilities, and that contains the following minimum provisions:
(a) The insurer may terminate the contract for cause upon written notice to the managing general
agent. The insurer may suspend the underwriting authority of the managing general agent during
the pendency of any dispute regarding the cause for termination. (b) The managing general
agent shall render accounts to the insurer detailing all transactions and remit all funds
due under the contract to the insurer on not less than a monthly basis. (c) All funds collected
for the account of an insurer will be held by the managing general agent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-6A-4.htm - 6K - Match Info - Similar pages
36-29-6
Section 36-29-6 Authorization and execution of contracts; documentation of benefits. (a) The
board is hereby authorized to execute a contract or contracts to provide the plan determined
in accordance with the provisions of this chapter. Such contract or contracts may be executed
with one or more agencies or corporations licensed to transact or administer group health
insurance business in this state. All of the benefits to be provided under this chapter may
be included in one or more similar contracts issued by the same or different companies. (b)
Before entering into any contract or contracts authorized by subsection (a) of this section,
the board shall invite competitive bids from all qualified entities who may wish to administer
or offer plans for the health insurance coverage desired. The board shall award such contract
or contracts on a competitive basis as determined by the benefits afforded, administrative
costs, the costs to be incurred by employee, retiree, and employer, the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-29-6.htm - 3K - Match Info - Similar pages
39-2-8
Section 39-2-8 Execution of contracts and furnishing of performance bonds, etc., generally
by bidders awarded contracts. The bidder to whom the award is made shall, when required, enter
into a written contract on the form included in the proposal, plans, and specifications, furnish
a performance bond and payment bond executed by a surety company duly authorized and qualified
to make such bonds in the State of Alabama in the amount required by subsection (a) of Section
39-1-1 and provide evidence of insurance as required by the bid documents within the period
specified or, if no period is specified, within 15 days after the prescribed forms have been
presented to him or her for signature. If extenuating circumstances prevail, the awarding
authority may grant an extension in time not exceeding five days for the return of the contract,
required bonds and required evidence of insurance. (Acts 1947, No. 492, p. 338, §7; Acts
1997, No. 97-225, p. 348, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/39-2-8.htm - 1K - Match Info - Similar pages
22-23A-11
Section 22-23A-11 Establishment of dedicated source of revenue by community water system for
funding of loan by authority; powers of water system; default; repayment guidelines; project
accounts. (a) In order to provide for the funding of the loan by the authority for a project
to a community water system, such water system shall establish a dedicated source of revenue
to repay only the monies received from the authority and to provide for operation, maintenance
and equipment replacement expenses. Such water system is hereby authorized and empowered,
any existing statute to the contrary notwithstanding, to do and perform any one or more of
the following: (1) To obligate itself to pay to the authority at periodic intervals a sum
sufficient to provide bond debt service with respect to the bonds of the authority issued
to fund the loan for such project and to pay over such debt service to the account of the
project for deposit to the Water Supply Assistance Fund; (2) To levy, collect and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23A-11.htm - 3K - Match Info - Similar pages
22-23B-7
Section 22-23B-7 Purpose; issuing, selling and refunding of bonds. For the purpose of providing
funds for the authority to make loans to public bodies for a project or projects, or for the
payment of obligations incurred or temporary loans made for any of said purposes, the authority
is hereby authorized, from time to time, to issue and sell its bonds or other evidences of
indebtedness. Such bonds may be issued in one or more series; shall be in such form and denominations
and of such terms and maturities, not exceeding 30 years from the date of issue of each series;
shall bear such rate or rates of interest, payable and evidenced in such manner; may contain
such provisions for registration or for redemption prior to maturity; and may contain such
other provisions not inconsistent herewith, all as may be provided by the authorizing resolution.
As security for the payment of the principal of and interest on its bonds, the authority is
authorized to pledge, transfer and assign any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-23B-7.htm - 4K - Match Info - Similar pages
11-101A-15
Section 11-101A-15 Use of proceeds. (a) The principal proceeds derived from any borrowing made
by an authority shall be used solely for the purpose or purposes for which the borrowing was
authorized to be made. If any securities are issued for the purpose of financing costs of
acquiring, constructing, improving, enlarging, and equipping a project, those costs shall
be deemed to include the following: (1) The cost of any land forming a part of the project.
(2) The cost of the labor, materials, and supplies used in any construction, improvement,
or enlargement, including architectural and engineering fees and the cost of preparing contract
documents advertising for bids. (3) The purchase price of, and the cost of installing, equipment
for the project. (4) The cost of landscaping the lands forming a part of the project and of
constructing and installing roads, sidewalks, curbs, gutters, utilities, and parking facilities
in connection therewith. (5) Legal, accounting, publishing, printing,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-101A-15.htm - 4K - Match Info - Similar pages
16-25A-7
Section 16-25A-7 Authorization and execution of contracts; evidence of coverage; denial of
claims. (a) The board is hereby authorized to execute a contract or contracts to provide for
the benefits or the administration of the plan determined in accordance with the provisions
of this article. Such contract or contracts may be executed with one or more agencies or corporations
licensed to transact or administer group health insurance business in this state. All of the
benefits to be provided under this article may be included in one or more similar contracts
issued by the same or different companies. The board is further authorized to develop a plan
whereby it may become self-insured upon its finding that such arrangement would be financially
advantageous to the state and plan participants. (b) Before entering into any contract or
contracts authorized by subsection (a), the board shall invite competitive bids from all qualified
entities who may wish to administer or offer plans for the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-25A-7.htm - 4K - Match Info - Similar pages
24-1-38
Section 24-1-38 Remedies conferrable upon obligees of authority by trust indenture, mortgage,
etc. Any authority shall have power by its trust indenture, mortgage, lease, or other contract
to confer upon any obligee holding, or representing, a specified amount in bonds, lease, or
other obligations, the right upon the happening of an "event of default" as defined
in such instrument: (1) By civil action in any court of competent jurisdiction to obtain the
appointment of a receiver of any housing project of the authority, or any part or parts thereof.
If such receiver be appointed, he may enter and take possession of such housing project or
any part or parts thereof, and operate and maintain same, and collect and receive all fees,
rents, revenues, or other charges thereafter arising therefrom in the same manner as the authority
itself might do and shall keep such moneys in a separate account or accounts and apply the
same in accordance with the obligations of the authority as the court...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-38.htm - 1K - Match Info - Similar pages
24-1-76
Section 24-1-76 Remedies conferrable upon obligees of authority by trust indenture, mortgage,
etc. Any authority shall have power by its trust indenture, mortgage, lease, or other contract
to confer upon any obligee holding or representing, a specified amount in bonds, lease, or
other obligations, the right upon the happening of an "event of default," as defined
in such instrument: (1) By civil action in any court of competent jurisdiction to obtain the
appointment of a receiver of any housing project of the authority, or any part or parts thereof.
If such receiver be appointed, he may enter and take possession of such housing project, or
any part or parts thereof, and operate and maintain same, and collect and receive all fees,
rents, revenues, or other charges thereafter arising therefrom in the same manner as the authority
itself might do and shall keep such moneys in a separate account or accounts and apply the
same in accordance with the obligations of the authority as the court...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/24-1-76.htm - 1K - Match Info - Similar pages
|