(A) Each project application submitted to the director or the administrator shall be accompanied by a formal detailed estimate of the project's cost. The estimate must bear the official seal and signature of a professional engineer who is registered under Chapter 4733. of the Revised Code attesting as to the prudence of the dollar amounts contained in the estimate. The estimate may be based upon a tendered bid by a qualified contractor provided that the bid will remain in effect for at least forty-five days following formal submission of the application by the district and provided that the bid was solicited in accordance with the requirements of this chapter of the Administrative Code and the requirements of Chapter 164. of the Revised Code.
(B) No project application shall be approved by the director or recommended by the administrator unless the application complies with the cost estimate requirements of paragraph (A) of this rule.
Cite as Ohio Admin. Code 164-1-16