2010 Georgia Code
O.C.G.A. 32-2-70 (2010)
TITLE 32 - HIGHWAYS, BRIDGES, AND FERRIES
CHAPTER 2 - DEPARTMENT OF TRANSPORTATION
ARTICLE 4 - EXERCISE OF POWER TO CONTRACT GENERALLY
§ 32-2-70 - Bonds of successful bidder
32-2-70. Bonds of successful bidder
Where the contract price exceeds $100,000.00, no department construction contract shall be valid unless the contractor first gives:
(1) The performance and payment bonds in accordance with Chapter 10 of Title 13; and
(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.
Disclaimer: These codes may not be the most recent version. Georgia 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 state site. Please check official sources.