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2019 Georgia Code
Title 32 - Highways, Bridges, and Ferries
Chapter 4 - State, County, and Municipal Road Systems
Article 3 - County Road Systems
Part 2 - Exercise by Counties of Power to Contract Generally
§ 32-4-72. Failure of successful bidder to sign contract or furnish bonds
Universal Citation:
GA Code § 32-4-72 (2019)
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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.
History:Code 1933, § 95A-828, enacted by Ga. L. 1973, p. 947, § 1.
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