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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. § 32-4-121: 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 4 State, County, and Municipal Road Systems
  3. Article 4 Municipal Street Systems
  4. PART 2 Exercise by Municipalities of Power to Contract Generally

If the successful bidder fails to sign the contract or furnish the bonds required under authority of Code Section 32-4-119, his proposal guaranty, if one had been required by the municipality, will become the property of the municipality 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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