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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

32-2-70. Bonds of successful bidder.

Active

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

  1. (a)

    Where the contract price exceeds $100,000.00, no department construction contract shall be valid unless the contractor first gives:#

    1. (1)

      The performance and payment bonds in accordance with Chapter 10 of Title 13; and#

    2. (2)

      Such other bonds or insurance policies required by the department in its proposal forms, including but not limited to public liability and property damage insurance bonds or policies.#

  2. (b)

    Public procurement officers shall accept electronic signatures and electronic corporate seals on bonds issued pursuant to this Code section so long as such signatures and seals comply with the provisions of Chapter 12 of Title 10 and Code Section 33-24-14.#

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-811, enacted by Ga. L. 1973, p. 947, § 1; Ga. L. 2001, p. 4, § 32; Ga. L. 2001, p. 820, § 2; Ga. L. 2007, p. 167, § 2/HB 192; Ga. L. 2021, p. 459, § 2-1/SB 169.

Amendments

The 2021 amendment, effective May 4, 2021, designated the existing provisions as subsection (a) and added subsection (b).

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, page 27; merge action: replaced; file SHA-256 c9639eaf431d.