Under existing law, a bidder on a public works project for the Department of Transportation or other awarding authority is required to file a bid guarantee in the form of either a cashiers's check or a bond payable to the awarding authority but in no event to exceed $10,000.
This bill raises the maximum amount of the bid guarantee to not more than $50,000.
Pending third reading on day 27 Favorable from State Government
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on State Government
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 813
Motion to Adopt adopted Roll Call 812
Allen Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Governmental Affairs
Source: Alabama Legislature