R918-5-5. Standard Sanction for Violation


Latest version.
  •   The standard sanction for a region found in violation of the provisions of Section 72-6-107 by exceeding the Bid Limit for labor and materials, is a penalty to be taken from that region's operations budget (commonly known as the "Code 1" budget), and distributed equally among the other three regions. The standard amount of the penalty is the larger of: (1) the total cost of the project for labor and materials, less the Bid Limit in effect at the time the project began, or (2) $100,000.