Any person who offers to pay any money or other valuable thing to induce another not to bid for a contract under this part 2 or as a recompense for not having bid for such contract or for abandoning a bid made commits a class 6 felony and shall be punished as provided in section 18-1.3-401, C.R.S. Any person who accepts any money or other valuable thing for not bidding for a contract under this part 2 or for abandoning a bid made by him or her or who withholds a bid in consideration of a promise for the payment of money or other valuable thing commits a class 6 felony and shall be punished as provided in section 18-1.3-401, C.R.S.
Source: L. 37: p. 956, � 23. CSA: C. 130, � 88. CRS 53: � 109-2-22. C.R.S. 1963: � 109-2-20. L. 79: Entire section amended, p. 703, � 78, effective July 1. L. 89: Entire section amended, p. 845, � 115, effective July 1. L. 2002: Entire section amended, p. 1535, � 257, effective October 1.
Cross references: For the legislative declaration contained in the 2002 act amending this section, see section 1 of chapter 318, Session Laws of Colorado 2002.