Haw. Code R. § 15-19-30 - Contract, bids, bonds
(a) All
improvements made under the provisions of this chapter shall be constructed
under contract let to the lowest possible and responsible bidder, after public
advertisement by the authority in a newspaper of general circulation published
in the county in which the improvements are proposed. The authority may either
let the work as an entire contract, or in its discretion, make one or more
contracts separately for each assessment area or the various types of work to
be performed, or the various public facility systems to be improved under one
proceeding. All bids shall be accompanied by a deposit of legal tender or by a
certificate of deposit or certified check on a bank doing business within the
State or a sufficient surety bond payable to and in favor of the authority
under the terms and conditions as are determined by the authority. The
authority may, in its discretion, impose any other reasonable terms,
conditions, and requirements relating to the letting of the contract. No
contract shall be made without a bond to the authority, for the faithful
performance of the contract, under the terms and conditions as are determined
by the authority.
(b) The
provisions of chapter 103, HRS, shall be applicable to all contracts entered
pursuant to this chapter.
Notes
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