Louisiana Administrative Code
Title 31 - ELECTIONS
Part III - Procurement
Chapter 1 - Procurement of Voting System Drayage and Storage
Section III-113 - Drayage Bid Guaranty and Bond
Universal Citation: LA Admin Code III-113
Current through Register Vol. 50, No. 9, September 20, 2024
A. If specified in the invitation for bids, a bond, certified check, or money order payable to the Department of State in the amount of 5 percent of the bid must accompany each bid submitted.
B. If a bidder withdraws his bid after bid opening, without complying with LAC 31:III.111, or fails to execute a contract within 20 days of request, the bid bond or other security shall be forfeited and deposited into the Department of the Treasury as income not available.
AUTHORITY NOTE: Promulgated in accordance with R.S. 18:1371, R.S. 36:742, and LAC 34:I.523.
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