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Georgia · Snapshot Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17

O.C.G.A. § 32-2-71: Failure of successful bidder to sign contract or furnish bonds.

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Where this section sits in the code
  1. TITLE 32 Highways, Bridges, and Ferries
  2. CHAPTER 2 Department of Transportation
  3. Article 4 Exercise of Power to Contract
  4. PART 1 General Contracting Provisions

If the successful bidder fails to sign the contract or furnish the bonds or policies required by Code Section 32-2-70, the proposal guaranty will become the property of the department as liquidated damages. The contract then may be readvertised or the project may be abandoned.

Collected 2026-09-17T19:34:57Z. Source file · JSON

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