{"data":{"id":"us-ky/krs-154.12-050","jurisdiction":"us-ky","citation":"KRS 154.12-050","heading":"Contracting of functions and services.","body":"(1) The cabinet shall have the authority to contract for the provision of any economic\ndevelopment function or service with private firms or public institutions provided\nthat such contracts meet the following conditions:\n(a) They are based on competitive requests for proposals;\n(b) They incorporate strict performance standards and accountability criteria;\n(c) They require periodic audit;\n(d) They are subject to regular rebidding; and\n(e) Where appropriate, they leverage other private and public funds.\n(2) Wherever feasible, the cabinet shall contract for the provision of functions and\nservices rather than establishing new governmental structures.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=2612","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:52Z","sha256":"98702e1ae66728e03d9f2c72019c2e01342499356d0edf69283999af7f2a59f9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.110","next":"us-ky/krs-154.12-100"},"notice":"GroundRules: Original legal text. Not legal advice."}