Georgia Code
Part 1 - General Contracting Provisions
§ 32-2-76. Contract Clauses Providing for Escrow Agreements; Mandatory Provisions of Escrow Agreements

History. Ga. L. 1971, p. 635, § 2; Ga. L. 1982, p. 3, § 32.

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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