O.C.G.A. § 32-4-72: Failure of successful bidder to sign contract or furnish bonds.
Where this section sits in the code
- TITLE 32 Highways, Bridges, and Ferries
- CHAPTER 4 State, County, and Municipal Road Systems
- Article 3 County Road Systems
- PART 2 Exercise by Counties of Power to Contract Generally
If the successful bidder fails to sign the contract or furnish the bonds required under authority of Code Section 32-4-71, his proposal guaranty, if one had been required by the county, will become the property of the county as liquidated damages. The contract then may be readvertised, performed with county forces, or the project abandoned.
Collected 2026-09-17T19:34:57Z. Source file · JSON