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41-10-360
Section 41-10-360 Sale of bonds at public auction; rejection of bids; notice of sale; terms
and conditions of sale; expenses, fees, etc.; recital that bonds issued pursuant to article.
Each series of the bonds shall be sold at such time or times as the directors may determine
at public sale pursuant to competitive bidding, either on sealed bids or at public auction,
to the bidder whose bid reflects the lowest total net interest cost to the authority for the
bonds being sold, computed from the date of those at the time being sold to their respective
maturities; provided, that if no bid acceptable to the authority is received it may reject
all bids. Notice of the sale of any bonds at public sale shall be given either (1) by publication
in either a financial journal or a financial newspaper published in the City of New York,
New York, or (2) by publication in a newspaper published in the state which is customarily
published not less often than six days during each calendar week, which...
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11-43B-30
or lease from any of the elected officials or employees of such municipality any labor, services,
work, materials, equipment, or supplies under the competitive bidding procedures established
by Section 41-16-50 et seq., and such elected official or employee may legally sell same to
the municipality under those procedures. The elected official or employee, if he or she proposes
to bid, shall not participate in the decision-making process determining the need for or the
purchase of such personal service or personal property, or in the determination
of the successful bidder. The council shall affirmatively find that the elected official or
employee, from whom the purchase is to be made, is the lowest responsible bidder as required
by said procedure. It shall be the duty and responsibility of the city clerk to file a copy
of any contract awarded to any elected official or employee with the State Ethics Commission.
All awards shall be as a result of original bid takings. It is the...
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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...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-29-9.htm - 1K - Match Info - Similar pages
39-2-5
Section 39-2-5 Return of proposal guaranties to bidders generally; disposition of proposal
guaranty when award not made within 30 days of opening of proposals. All bid guaranties, except
those of the three lowest bona fide bidders, shall be returned immediately after bids have
been checked, tabulated, and the relation of the bids established. The bid guaranties of the
three lowest bidders shall be returned as soon as the contract bonds and the contract of the
successful bidder have been properly executed and approved. When the award is deferred for
a period of time longer than 15 days after the opening of the bids, all bid guaranties, except
those of the potentially successful bidders, shall be returned. If no award is made within
30 days after the opening of the bids, or such other time as specified in the bid documents,
all bids shall be rejected and all guaranties returned, except for any potentially successful
bidder that agrees in writing to a stipulated extension in time for...
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22-23A-8
Section 22-23A-8 Bonds - Procedure for sale. 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 shall be sold by competitive sale unless because of market conditions and/or credit
structures such a sale would be disadvantageous to the state. In the event such a determination
is made by the board of directors, the bonds shall be sold through a negotiated sale and the
managing underwriter(s) shall be selected based on criteria, which shall include but not be
limited to, experience, ability, responsiveness, and fee structure. Said criteria shall be
established by the board of directors and shall be included in a request for proposals for
the managing underwriter(s). Bonds sold at public sale shall be awarded to the bidder whose
bid reflects the lowest true interest cost to the authority for the bonds being sold, computed
to their respective absolute maturities; provided, that if no bid...
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29-1-26
but not limited to, a local board of education, a two-year institution of higher education,
or a four-year institution of higher education. For purposes of this section, employee means
any of the following: (1) An employee as defined in Section 36-27-1, or a teacher as defined
in Section 16-25-1. An employee as defined in this subsection shall not include any person
receiving pension benefits from the Retirement Systems of Alabama. (2) A person who is personally
providing services under a personal or professional services contract paid for by the
department, agency, board, commission, or educational entity, including the Department of
Postsecondary Education or a two-year institution of higher education, except that persons
appointed by any court or any district attorney in this state to provide legal services on
a temporary, case-by-case, or part time basis shall not be considered an employee for purposes
of this section. (3) A person who has a substantial financial interest by...
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32-6-20
Section 32-6-20 Standards and requirements for equipment, etc.; contracts for lease or purchase
of equipment. After making such studies and examinations as may be necessary, the Director
of the Department of Public Safety shall prescribe in writing the standards and requirements
for the equipment and processes to be used to implement this article, and shall cause the
State Purchasing Agent to solicit public bids based upon those standards and requirements,
in conformity with the competitive bid law of the State of Alabama; except, that such contracts
may be awarded for a period of a total of five years, instead of one year, and the Director
of the Department of Public Safety shall, on behalf of the State of Alabama, enter into contracts
with the lowest responsible bidders for such services and/or for the lease or purchase of
such equipment as might be required for the efficient and economical operation of the system
theretofore developed. In addition thereto, the Director of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-6-20.htm - 1K - Match Info - Similar pages
36-1-6.2
Section 36-1-6.2 Insurance coverage for state instrumentalities and agencies; prior contracts
and policies ratified. (a) Any instrumentality or agency of the State of Alabama, whose principal
activity consists of distributing goods or services by contract with the United States, or
any federal governmental corporation, and which are not covered by the provisions of Chapter
29 of this title, shall be subject to all the provisions of this section. Such instrumentality
or agency is hereby empowered to purchase and pay for group health, accident or hospitalization
insurance coverage for its officers and employees. Such instrumentality or agency is hereby
further authorized to contract with the State Employees' Insurance Board for group health,
accident or hospitalization insurance coverage, and under such terms, conditions, and costs
as the State Employees' Insurance Board and the instrumentality or agency shall mutually determine.
The cost or premium for such group health, accident or...
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41-10-461
Section 41-10-461 Sale of bonds. Bonds may be sold by the authority from time to time in series,
and if sold in more than one series may all be authorized in one initial resolution of the
board of directors with the pledges therefor made in such initial resolution although some
of the details applicable to each series may be specified in the respective resolutions under
which the different series are issued; provided, however, that no bonds of the authority that
are authorized under Act 98-245 shall be sold or counsel hired prior to February 1, 1999.
Each series of the bonds may be sold at public or private sale, as determined by the authority,
at such price or prices as the authority shall determine, and, if sold at public sale either
on sealed bids or at public auction, on a basis determined by the authority to enable it to
effect the sale of the bonds being sold at the lowest effective borrowing cost to the authority;
provided, that if in the event of public sale of the bonds no bid...
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45-48-70.21
Section 45-48-70.21 Competitive bid procedures. The commission shall comply with the state
bid law applying to county governing bodies and any other sections of this subpart applying
to competitive bid procedures and in addition, the commission shall furnish to a newspaper
published in Marshall County, to be published therein as a legal advertisement paid for at
the usual rate by the county, a notice or advertisement stating that sealed bids will be received
on a specified date at the office of the commission for the article or articles or services
described in the order of the commission. The notice shall also state that complete specifications
and description of the article or articles or service or services to be purchased are available
at the office of the commission or on the bulletin board outside the commissioners' office.
In sending such advertisements to the newspapers the commission shall take care that each
newspaper published in the county gets a fair share of publishing of...
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