{"data":{"id":"us-ky/krs-67a.740","jurisdiction":"us-ky","citation":"KRS 67A.740","heading":"Construction contracts -- Bids -- Performance bonds.","body":"Proposals for the construction of the project shall be solicited upon the basis of the\nsubmission of sealed competitive bids after advertisement, by publication pursuant to\nKRS Chapter 424. Upon or after the acceptance by the governing body of a bid, or\ncombination of bids, the governing body may determine the total cost for the proposed\nproject, taking into account the amount of the accepted bids, and all other costs of the\nproject, as herein defined. Each contract shall be supported by a performance bond for the\nfull amount thereof, with good surety to be approved by the governing body.","path":["KRS Chapter 67A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=23928","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:28Z","sha256":"6d77795a5b4b885a68b9242b300b4f9596215bcea42d1ed1a4b17ddfd09bfa39","source_id":"us-ky","stale":false,"prev":"us-ky/krs-67a.735","next":"us-ky/krs-67a.745"},"notice":"GroundRules: Original legal text. Not legal advice."}