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O.C.G.A. § 32-4-72 — Failure of successful bidder to sign contract or furnish bonds | Georgia Code
O.C.G.A. § 32-4-72 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 32 HIGHWAYS, BRIDGES, AND FERRIES

Section 4. State, County, and Municipal Road Systems, 32-4-1 through 32-4-123.

ARTICLE 3 COUNTY ROAD SYSTEMS

32-4-72. Failure of successful bidder to sign contract or furnish bonds.

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.

(Code 1933, § 95A-828, enacted by Ga. L. 1973, p. 947, § 1.)

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This Georgia Code resource is curated by Graham Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.