Contracts and Claims - 18 of 25

Incorrect answer:

Section 24-18-201, C.R.S., may be inapplicable because the contract is being awarded in accordance with established "competitive bidding procedures" is NOT FALSE.

Because the contract has not yet been awarded, it is too early to determine whether section 24-18-201, C.R.S., will apply or not When the contract is awarded to the lowest responsible bidder based on a competitive bidding process, the transaction is excluded from the contracts to which the statute applies. However, the facts presented do not indicate whether AppMaker is the "lowest responsible bidder", as is required to exempt the transaction from section 24-18-201, C.R.S.

If AppMaker is the lowest responsible bidder, the transaction is not a "contract" to which section 24-18-201, C.R.S., applies. However, because you will derive some economic benefit if AppMaker is awarded the contract, it may be advisable for you to disclose your interestbefore voting on the contract and/or to abstain from voting if, in your judgment, not doing so could create a perception that you have a conflict of interest.

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