Alabama Proposed agreement with chairman of the board

State:
Multi-State
Control #:
US-CC-16-108
Format:
Word; 
Rich Text
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This sample form, a detailed Proposed Agreement With Chairman of the Board, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

State Government § 41-16-3. (a) Whenever the State of Alabama is a party to any contract, the contract shall be executed by all parties in a timely fashion.

It was established by §41-9-60, Code of Alabama, 1975, to provide for the adjustment of claims against the State of Alabama or any of its agencies, commissions, boards, institutions or departments to persons for injuries, damages to property, death or payments due on contract.

In Section 39-2-2, the amended statute increases the minimum threshold for requiring competitive bids to contracts greater than $100,000, removes the requirement to advertise for sealed bids in three newspapers of general circulation throughout the state, and permits the submission of sealed bids electronically.

The requirement of mutual agreement (also called mutual consent, or mutual assent, or meeting of the minds) means that there must be agreement to the provisions of the contract by the parties involved. In other words, there must be a mutual willingness to enter into a contract.

Section 41-16-50 - Contracts for which competitive bidding required (a) With the exception of contracts for public works whose competitive bidding requirements are governed exclusively by Title 39, all expenditure of funds for labor, services, work, or for the purchase of materials, equipment, supplies, or other ...

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Alabama Proposed agreement with chairman of the board