{"data":{"id":"us-in/ic-5-22-15-10","jurisdiction":"us-in","citation":"IC 5-22-15-10","heading":"Computation of adjusted offer; formula","body":"Sec. 10. (a) This section does not apply to an absolute preference.\n(b) If an offeror offers a preferred supply for a given supply item, the purchasing agent shall compute an adjusted offer for that item according to the following formula:\nSTEP ONE: Determine the price preference percentage for the supply item under this chapter.\nSTEP TWO: Multiply the offeror's offer for the supply item by the percentage determined under STEP ONE.\nSTEP THREE: Subtract the number determined under STEP TWO from the offeror's offer for the supply item.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 22. PUBLIC PURCHASING","Chapter 15. Purchasing Preferences"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-22-15-10","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"ad96d1c2f2a8c84cde9fa9ce314bc5c10b83215d00fcc05b1ea2407cff3285c0","source_id":"us-in","stale":false,"prev":"us-in/ic-5-22-15-9","next":"us-in/ic-5-22-15-11"},"notice":"GroundRules: Original legal text. Not legal advice."}