What the Preference for Resident Bidders Law means

Posted by Matt Roberts

Jun 15, 2011 1:01:00 PM

Toadvine and the Preference for Resident Bidders LawAs a leading provider of athletic and gym equipment in Kentucky, Indiana, and Tennessee, part of our job is to keep everyone we do business with and any decision makers up-to-date on any new legislation or information that may affect the bidding process. That’s why we think it’s important for everyone to be aware of what the Preference for Resident Bidders law is and how it can affect them.

Stites & Harbison Attorneys explains the law in detail on their website. We encourage everyone to read about it and contact us if they have any questions or need clarification.

In short, in 2010, Kentucky enacted the “Preference for Resident Bidders” law, which says that resident bidders are to receive a matching preference if a higher-evaluated, non-resident bidder’s home state provides its own resident bidders a preference. Further, in the case of a tie between a non-resident bidder and a resident bidder, a preference is to be given to the resident bidder.

Read about the law here in more detail and how it could affect you. Again, you can contact us with any questions.

Topics: Toadvine Enterprises, outdoor seating, Athletic Equipment, Kentucky residents bidders law

Add Comment