Ind. Code ch. 8-14.5-4

in effect

Ind. Code § 8-14.5-4-1 Authorization of contracts

Sec. 1. The authority is responsible for the construction, leasing, and ownership of projects. With respect to each project, the authority and the department may enter into a contract for the purposes set forth in this chapter. If the authority and the department decide to enter into a contract under this chapter, the authority and the department may enter into a separate contract for each project or a master contract for several projects. As added by P.L.68-1988, SEC.12.

Ind. Code § 8-14.5-4-2 Mandatory contract provisions

Sec. 2. A contract under this chapter must: (1) provide for the construction and ownership of the project; and (2) describe the project or projects, setting forth in general terms principal features such as geographic location, widths of rights-of-way, number of lanes in each direction, width of traffic lanes, widths of shoulders, location and nature of tunnels, overpasses, underpasses, interchanges, bridges, approaches, and connecting highways. As added by P.L.68-1988, SEC.12.

Ind. Code § 8-14.5-4-3 Permissive contract provisions

Sec. 3. The contract may include the following: (1) Provisions for payment by the authority to the department of all costs incurred by the department in the performance of the contracts, including all costs of construction, salaries, wages, and associated costs of department personnel attributable to performance of the contract. (2) Other terms and conditions that the authority and the department consider appropriate. As added by P.L.68-1988, SEC.12.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026