{"data":{"id":"us-ga/o.c.g.a.-36-91-71","jurisdiction":"us-ga","citation":"O.C.G.A. § 36-91-71","heading":"Acceptable substitutes for bond.","body":"When the amount of the performance bond required under this article does not exceed $750,000.00, the governmental entity may, in its sole discretion, accept an irrevocable letter of credit by a bank or savings and loan association, as defined in Code Section 7-1-4, in the amount of and in lieu of the bond otherwise required under this article.","path":["TITLE 36 Local Government","Provisions Applicable to Counties, Municipal Corporations, and Other Governmental Entities","CHAPTER 91 Public Works Bidding","Article 3 Bonds","PART 3 Performance Bonds"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.36.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":"3c4bfe8662445699063f0971028d526f553f7d638db2697871714239a55f2b4c","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-36-91-70","next":"us-ga/o.c.g.a.-36-91-72"},"notice":"GroundRules: Original legal text. Not legal advice."}