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of
the Georgia Code
2006 Georgia Code - 32-4-72
32-4-72. 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.
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