§ 22-33. Bid deposits.
Latest version.
When deemed necessary by the purchasing manager, bid deposits shall be prescribed in the public notices inviting bids. Unsuccessful bidders shall be entitled to return of the surety where the purchasing manager has required such. A successful bidder may be required to forfeit any surety required by the purchasing manager upon failure on his part to enter into a contract and provide all required documents within ten (10) days after the award or as otherwise provided by the purchasing manager.
(Ord. of 1-5-2010)
(Ord. of 1-5-2010)