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.
History. Code 1933, § 95A-828, enacted by Ga. L. 1973, p. 947, § 1.
Structure Georgia Code
Title 32 - Highways, Bridges, and Ferries
Chapter 4 - State, County, and Municipal Road Systems
Article 3 - County Road Systems
Part 2 - Exercise by Counties of Power to Contract Generally
§ 32-4-61. Authority of County to Contract; Form of Contracts; Approval of Contracts by Resolution
§ 32-4-64. Required Letting of Contracts by Public Bid
§ 32-4-65. Advertising for Bids
§ 32-4-66. Payment by Bidder to Cover Costs
§ 32-4-67. Proposal Guaranty by Bidder
§ 32-4-68. Award of Contract to Lowest Reliable Bidder; Procedure Upon Rejection of Bids
§ 32-4-69. Bonds of Successful Bidder Generally
§ 32-4-70. Bridge Repair Bonds
§ 32-4-71. Failure to Take Bonds; Liability of County
§ 32-4-72. Failure of Successful Bidder to Sign Contract or Furnish Bonds
§ 32-4-73. Oath by Successful Bidder