---
title: O.C.G.A. § 32-4-121. Failure of successful bidder to sign contract or furnish bonds.
collection: code
id: 32-4-121
cite_as: O.C.G.A. § 32-4-121 (2025)
canonical_url: https://georgiacommons.org/code/32-4-121
md_url: https://georgiacommons.org/code/32-4-121.md
text_url: https://georgiacommons.org/code/32-4-121/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t32-(v23a)-2019-pdf.pdf?sfvrsn=b4b1408c_0#page=191
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/32-4.md
previous: https://georgiacommons.org/code/32-4-120.md
next: https://georgiacommons.org/code/32-4-122.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: HIGHWAYS, BRIDGES, AND FERRIES / STATE, COUNTY, AND MUNICIPAL ROAD SYSTEMS / MUNICIPAL STREET SYSTEMS / EXERCISE BY MUNICIPALITIES OF POWER TO CONTRACT GENERALLY
---

# O.C.G.A. § 32-4-121. Failure of successful bidder to sign contract or furnish bonds.

If the successful bidder fails to sign the contract or furnish the bonds required under authority of Code Section 32-4-119, his proposal guaranty, if one had been required by the municipality, will become the property of the municipality as liquidated damages. The contract then may be readvertised, or the project may be abandoned.

## History

Code 1933, § 95A-842, enacted by Ga. L. 1973, p. 947, § 1.