{"data":{"id":"us-ga/o.c.g.a.-32-2-70","jurisdiction":"us-ga","citation":"O.C.G.A. § 32-2-70","heading":"Bonds of successful bidder.","body":"(a) Where the contract price exceeds $100,000.00, no department construction contract shall be valid unless the contractor first gives:\n(1) The performance and payment bonds in accordance with Chapter 10 of Title 13; and\n(2) Such other bonds or insurance policies required by the department in its proposal forms, including but not limited to public liability and property damage insurance bonds or policies.\n(b) Public procurement officers shall accept electronic signatures and electronic corporate seals on bonds issued pursuant to this Code section so long as such signatures and seals comply with the provisions of Chapter 12 of Title 10 and Code Section 33-24-14.","path":["TITLE 32 Highways, Bridges, and Ferries","CHAPTER 2 Department of Transportation","Article 4 Exercise of Power to Contract","PART 1 General Contracting Provisions"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.32.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"ba378c1a11a0b1c85a1c2271c594506b42efb65c551b15a53369800eb7d04bb5","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-32-2-69","next":"us-ga/o.c.g.a.-32-2-71"},"notice":"GroundRules: Original legal text. Not legal advice."}