2012 US Code
Title 2 - The Congress
Chapter 4 - OFFICERS AND EMPLOYEES OF SENATE AND HOUSE OF REPRESENTATIVES (§§ 60 - 130l)
Section 107 - Opening bids for Senate and House stationery; awarding contracts
| Publication Title | United States Code, 2012 Edition, Title 2 - THE CONGRESS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 2 - THE CONGRESS CHAPTER 4 - OFFICERS AND EMPLOYEES OF SENATE AND HOUSE OF REPRESENTATIVES Sec. 107 - Opening bids for Senate and House stationery; awarding contracts |
| Contains | section 107 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | R.S. §67; Feb. 18, 1875, ch. 80, §1, 18 Stat. 316. |
| Statutes at Large References | 3 Stat. 249 18 Stat. 316 |
Download PDF
All such proposals shall be kept sealed until the day specified in such advertisement for opening the same, when the same shall be opened in the presence of at least two persons, and the contract shall be given to the lowest bidder, provided he shall give satisfactory security to perform the same, under a forfeiture not exceeding double the contract price in case of failure; and in case the lowest bidder shall fail to enter into such contract and give such security, within a time to be fixed in such advertisement, then the contract shall be given to the next lowest bidder, who shall enter into such contract, and give such security. And in case of failure by the person entering into such contract to perform the same, he and his sureties shall be liable for the forfeiture specified in such contract, as liquidated damages, to be sued for in the name of the United States.
(R.S. §67; Feb. 18, 1875, ch. 80, §1, 18 Stat. 316.)
CodificationR.S. §67 derived from Res. Mar. 3, 1815, No. 11, 3 Stat. 249.
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.
