Alaska Procurement Regulations Planning on doing business with - TopicsExpress



          

Alaska Procurement Regulations Planning on doing business with the State of Alaska? Make sure youre acquainted with Title 36 of the Alaska Statutes, which covers Public Contracts. For example, did you know the State requires bid, payment, and performance bonds or other security are required for all construction contracts over $100,000, and that the amount of said bonds must each be in a sum equal to at least one-half of the total amount payable by the terms of the contract. [AS 36.25.010(a), 2 AAC 12.810] Or consider what AS 36.30.115, Subcontractors For Construction Contracts, states: » Within five working days after the identification of the apparent low bidder for a construction contract, the apparent low bidder shall submit a list of the subcontractors the bidder proposes to use in the performance of the construction contract. ­» The list must include the name and location of the place of business for each subcontractor, evidence of each subcontractors valid Alaska business license, and evidence of each subcontractors registration as a contractor under AS 08.18. » If a subcontractor on the list did not have a valid Alaska business license and a valid certificate of registration as a contractor under AS 08.18 at the time the bid was opened, the bidder may not use the subcontractor in the performance of the contract, and shall replace the subcontractor with a subcontractor who had a valid Alaska business license and a valid certificate of registration as a contractor under AS 08.18 at the time the bid was opened. Interested in doing business with the University of Alaska? Then you might want to peruse the information posted here:
Posted on: Fri, 14 Nov 2014 16:48:54 +0000

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