KRS 178.140: Awarding of contracts -- Rejection of bids.

(1) All bids for the construction or maintenance of county roads and bridges shall be

received at the time and place specified in the advertisement, and shall be opened

publicly at the time of awarding, and the amount of items comprising each bid shall

be publicly announced.

(2) The contract shall be awarded to the lowest and best bidder, who shall furnish

satisfactory security in an amount equal to the amount of the contract in question, to

be approved by the county judge/executive of the county.

(3) The fiscal court may reserve twenty percent (20%) of the amount accruing on the

contract until the completion of the work and the approval thereof by the county

road engineer.

(4) The fiscal court may reject any and all bids, and may readvertise for and receive

bids. If satisfactory bids cannot be obtained, the fiscal court may have the work

done in the manner it deems best.