C.R.S. Section 24-92-109
Agency of government to submit cost estimate

(1)

Whenever an agency of government proposes to undertake the construction of a public project, reasonably expected to cost in excess of fifty thousand dollars by any means or method other than by a contract awarded by competitive bid, it shall prepare and submit a cost estimate in the same manner as other bidders; except that, for projects under the supervision of the department of transportation undertaken by such means or method, the department shall prepare and submit a cost estimate if the cost of the project is reasonably expected to exceed two hundred fifty thousand dollars. Cost estimates for projects undertaken by the department of transportation that are reasonably expected to cost more than one hundred fifty thousand dollars but not more than two hundred fifty thousand dollars shall be submitted to the transportation commission on at least a quarterly basis for its review and approval. An agency of government itself may not undertake a proposed project unless it shows the lowest cost estimate.

(2)

In preparing such cost estimate, the agency of government shall preserve a full, true, and accurate record of the cost of such project. Such records shall be kept and maintained by the responsible officer on behalf of the agency of government. To the extent the agency of government contracts with any other state or local government agency in connection with a public project, such other agency shall provide all necessary data or information to enable the agency of government to document a full, true, and accurate record of the cost of such project, which data or information shall be kept in an orderly manner by the agency of government for a period of at least six years after completion of the project. All such records shall be considered public records and shall be made available for public inspection.

(3)

State agencies shall not be required to be bonded when performing the work on a public project.

Source: Section 24-92-109 — Agency of government to submit cost estimate, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-24.­pdf (accessed Oct. 20, 2023).

24‑92‑101
Short title 24‑92‑102
Definitions 24‑92‑103
Construction of public projects - invitation for bids 24‑92‑103.5
Construction of public projects - invitation for best value bids 24‑92‑103.7
Disclosure - invitation for bids - invitation for best value bids 24‑92‑104
Exemptions - applicability 24‑92‑104.5
Solicitation of bids by electronic online access - department of transportation 24‑92‑105
Cancellation of invitations for bids 24‑92‑106
Responsibility of bidders and offerors 24‑92‑107
Prequalification of contractors 24‑92‑108
Types of contracts 24‑92‑109
Agency of government to submit cost estimate 24‑92‑110
Rules and regulations 24‑92‑111
Audit 24‑92‑112
Finality of determinations 24‑92‑113
Reporting of anticompetitive practices 24‑92‑114
Prohibition of dividing work of public project 24‑92‑115
Apprenticeship utilization requirements - mechanical, electrical, and plumbing contracts - public projects - definition 24‑92‑116
Department of transportation - reporting requirements 24‑92‑117
Maximum global warming potential for materials used in eligible projects - buildings - projects that are not roads, highways, or bridges - environmental product declaration - short title - report - definitions 24‑92‑118
Maximum global warming potential for materials used in public projects - road - highway - bridge projects - environmental product declaration - short title - report - definitions 24‑92‑201
Definitions 24‑92‑202
Contractors subject to provisions - weekly payment of employees - rules 24‑92‑203
Prevailing rate of wages and other payments - specifications in solicitations and contract - repeal 24‑92‑204
Specification in contract - payment of wages - amount and frequency - unclaimed prevailing wages special trust fund - creation 24‑92‑205
Investigation and determination of prevailing wages - filing of schedule - repeal 24‑92‑206
Statutory provisions included in contracts 24‑92‑207
Prevailing wage rates - posting 24‑92‑208
Apprenticeship contribution rate 24‑92‑209
Enforcement - rules 24‑92‑210
Private right of action to collect wages or benefits - definition 24‑92‑301
Short title 24‑92‑302
Legislative declaration 24‑92‑303
Definitions 24‑92‑304
Energy sector public works projects - craft labor employment - training - wage requirements 24‑92‑305
Energy sector public works projects - record keeping - reporting - craft labor certification - sanctions - compliance with best value employment metrics 24‑92‑306
Energy sector public works projects - use of project labor agreements 24‑92‑307
Energy sector public works projects - existing authority of the public utilities commission
Green check means up to date. Up to date

Current through Fall 2024

§ 24-92-109’s source at colorado​.gov