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§ 36-91-50 - Projects Requiring Bid Bonds; Revocation of Bids; Surety
(a) Bid bonds shall be required for all public works construction contracts subject to the requirements of this article with estimated bids or proposals...
§ 36-91-51 - Cash in Lieu of Bid Bonds; Letters of Credit
(a) In lieu of the bid bond provided for in Code Section 36-91-50, the governmental entity may accept a cashier's check, certified check, or...
§ 36-91-52 - Bid and Bidder Defined; Withdrawal of Bids for Appreciable Errors; Resubmission
(a) As used in this Code section, the term "bid" includes proposal and the term "bidder" includes offeror.(b) Any governmental entity receiving bids subject...
§ 36-91-53 - Affiliated Corporation Defined; Forfeit of Security by Affiliated Corporation
(a) As used in this Code section, the term: (1) "Affiliated corporation" means, with respect to any corporation, any other corporation related thereto: (A)...
§ 36-91-54 - Action on Breach of Bond
The obligee in any bid bond required to be given in accordance with this article shall be entitled to maintain an action thereon at...
Last modified: October 14, 2016