Official Code of Georgia Annotated

Title 32. HIGHWAYS, BRIDGES, AND FERRIES · Chapter 2. DEPARTMENT OF TRANSPORTATION · Article 4. EXERCISE OF POWER TO CONTRACT · Part 1. GENERAL CONTRACTING PROVISIONS

32-2-68. Proposal guaranty by bidder.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
No bid for capital construction or capital maintenance will be considered by the department unless it is accompanied by a proposal guaranty in the form of a certified check or other acceptable security payable to the treasurer of the department for an amount deemed by the department to be in the public interest and necessary to ensure that the successful bidder will execute the contract bid upon.#
(b)
A proposal guaranty will be returned to a bidder upon receipt by the department of the bidder’s written withdrawal of his bid if such receipt is before the time scheduled for the opening of bids. Upon the determination by the department of the lowest reliable bidder, the department will return the proposal guaranties to all bidders except that of the lowest reliable bidder. If no contract award is made within 30 days after the date set for the opening of bids, all bids shall be rejected and all proposal guaranties shall be returned unless the department and the successful bidder agree in writing to a longer period of time.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1933, § 95A-809, enacted by Ga. L. 1973, p. 947, § 1; Ga. L. 2021, p. 526, § 3/HB 577.

Amendments

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.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t32-(v23a)-pdf.pdf, Volume V23A, 2019 edition, 2025 supplement, pages 25 to 26; merge action: replaced; file SHA-256 c9639eaf431d.

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