Ind. Code § 5-35.7-4-2 – Contract between state agency and contractor; required contract provisions

A contract between a state agency and a contractor must contain the following provisions:

(1) To the extent practicable, clearly defined scopes and success metrics.
(2) Liquidated damages or other remedies for missed deadlines or overages.
(3) A requirement for either of the following, as determined by the department:
1. (A) An independent verification and validation under IC 5-35.7-4.5 .
2. (B) Other appropriate methods or means for verification and validation of the terms of the contract.

As added by P.L.182-2025, SEC.6. Amended by P.L.125-2026, SEC.4.