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demonstrating recruitment and selection of minority businesses for <br />participation in the contract. <br />10. Administration, Enforcement, Reporting — The County is required to submit reports <br />on each building project to the Department of Administration. The reports must <br />include: <br />a. The verifiable percentage goal (Cabarrus County has established a verifiable <br />percentage goal of 10 %) <br />b. The minority business utilization achieved, the good faith efforts guidelines or <br />rules used, and the documentation accepted by the County from the successful <br />bidder; and, <br />c. The utilization of minority businesses under the various construction methods <br />authorized under NC General Statute 143 -128. <br />The subject reports must be prepared in the specific format determined by the <br />Department of Administration and submitted upon completion of each project. <br />II. INFORMAL BIDS ($5,000 - $499,999.99) <br />An informal bidding procedure may be used for construction or repair contracts <br />involving the expenditures of $5,000 or more, but less than $500,000. <br />Legal Requirements <br />The Statutes do not specify procedures for advertising and receiving informal bids or <br />require a specific number of bids before a contract can be awarded. The County may <br />choose to use a formal or informal process to solicit bids for construction projects less <br />than $500,000. <br />1. Performance and payment bonds are required for each contract that exceeds <br />$50,000. <br />2. Contracts must be awarded to the "lowest responsible bidder, taking into <br />consideration quality, performance and the time specified for the performance <br />of the contract." <br />Page 39 of 48 <br />Attachment number 1 <br />F -6 Page 111 <br />