SB175 Alabama 2016 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Competitive bids, public works Transportation Department and other agencies, increase the bid guarantee if Dept. of Transportation is awarding authority, Secs. 23-1-2, 39-2-4 am'd.
Description
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 would increase the amount of the bid guarantee if the awarding authority is the Department of Transportation.
To amend Sections 23-1-2 and 39-2-4 of the Code of Alabama, to increase the amount of the bid guarantee required to be filed under certain conditions by a bidder on public works project when the Department of Transportation is the awarding authority.
Subjects
Competitive Bids
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB175 Alabama 2016 Session - Introduced |
Source: Alabama Legislature