If any person to whom the work, or any portion of the work, in an improvement district has been let fails to perform the work according to the terms specified in the contract, then the cash deposited by the person shall be forfeited for the benefit of such district and be paid into its fund; or if bond has been given by the contracting party so failing, then recovery of the damages sustained may be had by suit in the name of the payee in such bond for the use of the district, and the damage on judgment for the damages collected and paid into the fund of the district.
Structure 2021 Tennessee Code
Title 69 - Waters, Waterways, Drains and Levees
Chapter 5 - Drainage and Levee Districts
Part 7 - Construction and Maintenance by Districts
§ 69-5-701. Contracts for Improvements
§ 69-5-703. Contracts Let to Lowest Bidders — Rejection of Bids and Readvertisement
§ 69-5-704. Deposits by Bidders
§ 69-5-705. Bond or Deposit of Contractor — Return of Bid Deposit
§ 69-5-706. Forfeiture of Deposit and Action for Breach of Contract
§ 69-5-709. Monthly Estimates of Work and Payments Thereon
§ 69-5-710. Warrant for Balance Due Upon Completion of Work
§ 69-5-711. Warrants — Manner of Drawing and Payment
§ 69-5-713. Bridges Built by County Across Public Highway
§ 69-5-714. Use of Ditch or Watercourse by Assessed Landowner
§ 69-5-715. Use by Landowner Subject to Control of District Directors
§ 69-5-716. Control of Discharge of Creek or Branch Into Main Ditch or Drain
§ 69-5-717. Application by Owner to Use Ditch or Drain — Designation of Use
§ 69-5-720. Appeal From Action of Directors to Circuit Court — Bonds
§ 69-5-721. Continuation of Work Pending Appeal
§ 69-5-722. Collection of Assessments — Separate Fund
§ 69-5-723. Improvements May Be Limited to What Parties Desire