Upon the failure or nonperformance in any particular of the terms of any of the contracts on the part of a contractor with the state or for any unreasonable delay in performing the things required under the terms of such contract, the governor may annul the contract in which such default is made, and payment for all work theretofore done by the contractor shall be withheld until the damage to the state is ascertained by proper adjudication, and the executive director of the department of personnel may thereupon readvertise and enter into a contract for the balance of the uncompleted term of any contract so annulled or abrogated in the manner prescribed for contracting by the terms of this part 2.
Source: L. 37: p. 956, § 22. CSA: C. 130, § 87. CRS 53: § 109-2-21. C.R.S. 1963: § 109-2-19. L. 81: Entire section amended, p. 1295, § 30, effective January 1, 1982. L. 96: Entire section amended, p. 1528, § 82, effective June 1.
Structure Colorado Code
Article 70 - Publication of Legal Notices and Public Printing
§ 24-70-202. Executive Director of the Department of Personnel to Supervise
§ 24-70-203. Classes of Printing
§ 24-70-203.5. Printing - Paper Specifications
§ 24-70-205. Contracts for Public Printing
§ 24-70-206. Bids - Specifications
§ 24-70-207. Delivery of Sealed Bids
§ 24-70-208. Bid Guarantee - Opening Bid
§ 24-70-209. Letting of Contract - Bond
§ 24-70-210. Law Constitutes Part of Contract
§ 24-70-215. Requisitions for Printing
§ 24-70-216. When Governor May Set Aside Bid
§ 24-70-217. Who Prohibited From Holding Contract
§ 24-70-217. Who Prohibited From Holding Contract
§ 24-70-218. Attorney General to Bring Action, When
§ 24-70-219. Annulment of Contract
§ 24-70-220. Penalty for Bribe
§ 24-70-221. Account Not Approved, When
§ 24-70-223. Publication of Session Laws
§ 24-70-224. Official List - Designation and Disposition of Session Laws
§ 24-70-225. Session Laws - Sale - Price