KRS 176.140: Determination of eligibility to bid.

(1) The department shall determine who shall be eligible to bid upon any contract with

the department for the construction or maintenance of any public road or section

thereof. The department may adopt rules and regulations and make investigations

and examinat ions to determine the financial status, experience, responsibility,

business ability, previous record, sufficiency of plant and equipment, and any other

pertinent facts necessary to determine the eligibility of the proposed bidder.

(2) The department shall establish rules and regulations governing the application for

the certificate of eligibility, the means and methods of obtaining information

relative to the applicant, and the granting of, or refusal to grant, a certificate of

eligibility, and may require a financial statement of the applicant, verified by the

applicant or, in the case of a corporation, by an authorized official thereof, as often

as the department deems it necessary, and at least once in every twelve (12) months.