60-2-113. Bidder's security -- contractor's bond. (1) (a) Subject to subsection (1)(b), whenever the commission calls for competitive bidding, each bidder shall meet all requirements of Title 18, chapter 1, part 2.
(b) The commission may accept electronic bid bonds signed electronically or otherwise verified by the bidder and the surety.
(2) Each contractor awarded a contract by the commission shall meet all requirements set forth in Title 18, chapter 2, part 2. A contract is not considered to be completed until the commission, while formally convened, affirmatively accepts all of the work specified in the contract.
History: En. Sec. 9-103, Ch. 197, L. 1965; R.C.M. 1947, 32-4103; amd. Sec. 2, Ch. 48, L. 2009.
Structure Montana Code Annotated
Title 60. Highways and Transportation
Chapter 2. State Administration
Part 1. Transportation Commission
60-2-106. Designation of highways not located entirely within the state
60-2-107. Abandonment of highways -- exchange of roadways -- public notice required
60-2-108. and 60-2-109 reserved
60-2-110. Setting priorities and selecting projects
60-2-111. Letting of contracts on state highways and commission-designated highway systems
60-2-112. Competitive bidding -- reciprocity
60-2-113. Bidder's security -- contractor's bond
60-2-114. Bids for contracts let by commission to contain security, unit price, and signature
60-2-115. Contract let by commission -- time for final payment of contract price -- interest
60-2-116. Payment of contractors and subcontractors
60-2-117. Contract indemnification provisions
60-2-119. Limit on projects -- reporting requirement
60-2-121. Authority of commission to prioritize expenditures on railroad crossings -- public hearing
60-2-122. through 60-2-124 reserved
60-2-126. Designation of public highways -- apportionment of funds
60-2-127. Allocation of funds for projects
60-2-128. Maintenance system -- designation of highways
60-2-130. through 60-2-132 reserved
60-2-133. U.S. highway 2 -- planning
60-2-137. Design-build contracting process -- submission of proposals -- department's duties
60-2-138. and 60-2-139 reserved
60-2-140. Rawhide stampede rustlers and rendezvous trade corridor -- planning
60-2-141. Use of Montana-made wooden materials in highway and road projects