Price Preference for Supplies to Indiana Small Business and Veteran Owned Small Business

  1. Law
  2. Indiana Code
  3. State and Local Administration
  4. Public Purchasing
  5. Purchasing Preferences
  6. Price Preference for Supplies to Indiana Small Business and Veteran Owned Small Business

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Sec. 23. (a) A governmental body shall give a fifteen percent (15%) preference for supplies to:

(1) an Indiana small business (as defined in IC 5-22-14-1); or

(2) a veteran owned small business (as defined in IC 4-13-16.5-1);

that submits an offer for purchase under this article.

(b) The governmental body may adopt rules to establish criteria to carry out this section.

As added by P.L.153-1999, SEC.4. Amended by P.L.15-2020, SEC.18.


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