Georgia Code
Part 1 - General Contracting Provisions
§ 32-2-68. Proposal Guaranty by Bidder

History. Code 1933, § 95A-809, enacted by Ga. L. 1973, p. 947, § 1; Ga. L. 2021, p. 526, § 3/HB 577.
The 2021 amendment, effective July 1, 2021, in subsection (a), inserted “for capital construction or capital maintenance” near the beginning, and substituted “contract bid upon” for “contract on which he bid” at the end.

Structure Georgia Code

Georgia Code

Title 32 - Highways, Bridges, and Ferries

Chapter 2 - Department of Transportation

Article 4 - Exercise of Power to Contract

Part 1 - General Contracting Provisions

§ 32-2-60. Authority to Contract; Form and Content of Construction Contracts; Bonds

§ 32-2-61. Limitations on Power to Contract

§ 32-2-62. Advertising of Nonnegotiated Construction Contracts; Approval of Negotiated Construction Contracts; Factors to Be Considered by Board for Priority of Projects

§ 32-2-63. Authority of Commissioner to Execute Contracts and Authority Lease Agreements

§ 32-2-64. Required Letting of Contracts by Public Bid; Posting Bid on Department Website Sufficient

§ 32-2-65. Advertising for Bids

§ 32-2-66. Prequalifications of Contractors and Subcontractors

§ 32-2-67. Payment by Bidder to Cover Costs

§ 32-2-68. Proposal Guaranty by Bidder

§ 32-2-69. Bidding Process and Award of Contract

§ 32-2-70. Bonds of Successful Bidder

§ 32-2-71. Failure of Successful Bidder to Sign Contract or Furnish Bonds

§ 32-2-72. Oath by Successful Bidder

§ 32-2-73. Supplemental and Extension Agreements

§ 32-2-74. Effect of Federal Laws on Code Sections 32-2-60 Through 32-2-73; Power of Department to Secure Benefits of Federal-Aid Program

§ 32-2-75. Contract Clauses for Retainage of Amounts Constituting a Percentage of Gross Value of Completed Work; Time of Final Payment of Retained Amounts to Contractor

§ 32-2-76. Contract Clauses Providing for Escrow Agreements; Mandatory Provisions of Escrow Agreements

§ 32-2-77. Liability of Treasurer of the Department or Other Appropriate Authority and State to Contractor or Surety