Title 13 — Contracts

United Elec. Co., 202 Ga. App. 239, 414 S.E.2d 251 (1991) (decided under former O.C.G.A. § 13-10-1 prior to its 2001 amendment). County had a duty to require a contractor to procure a payment bond which was not procured; thus, a subcontractor had a right to sue the county for mat…

(a)(1) Any bid bond, performance bond, payment bond, or security deposit required for a state public works construction contract shall be approved and filed with the treasurer or the person performing the duties usually performed by a treasurer of the obligee named in such bond. …

(a) Bid bonds shall be required for all state public works construction contracts with estimated bids or proposals over $100,000.00; provided, however, that the state or any public board or body of the state may require a bid bond for projects with estimated bids or proposals of …

(a) In lieu of the bid bond provided for in Code Section 13-10-20, the state may accept a cashier’s check, certified check, or cash in the amount of not less than 5 percent of the total amount payable by the terms of the contract payable to and for the protection of the state. (b…

(a) As used in this Code section, the term: (1) ‘‘Affiliated corporation’’ means, with respect to any corporation, any other corporation related thereto: (A) As a parent corporation; (B) As a subsidiary corporation; 609 13-10-40 (C) As a sister corporation; (D) By common ownershi…

Alternatives to bid bond. ‘‘Bid’’ and ‘‘bidder’’ defined; appreciable errors in calculation of bids; withdrawing bids. Affiliated corporations. Maintenance of action on bid bond by obligee. Part 3 Performance Bonds 13-10-40. 13-10-41. 13-10-42. Part 4 13-10-81. 13-10-83. Definiti…

When the amount of the performance bond required under this article does not exceed $300,000.00, the state may, in its sole discretion, accept an irrevocable letter of credit by a bank or savings and loan association, as defined in Code Section 7-1-4, in the amount of and in lieu…

The obligee in any performance bond required to be given in accordance with this article shall be entitled to maintain an action thereon at any time upon any breach of such bond; provided, however, no action can be instituted on the bonds or security deposits after one year from …

Except as otherwise provided in Title 32, payment bonds shall be required for all state public works construction contracts with an estimated contract amount greater than $100,000.00; provided, however, that the state may require a payment bond for public works construction contr…

If a payment bond or security deposit is not taken in the manner and form required in this article, the corporation or body for which work is done under the contract shall be liable to all subcontractors and to all persons supplying labor, materials, machinery, or equipment to th…

(a) The contractor furnishing the payment bond or security deposit shall post on the public works construction site and file with the clerk of the superior court in the county in which the site is located a notice of commencement no later than 15 days after the contractor physica…

No action can be instituted on the payment bonds or security deposits after one year from the completion of the contract and the acceptance of the public works construction by the proper public authorities. Every action instituted under this article shall be brought in the name o…

Nothing in this article shall be construed or deemed to affect any contract covered by the provisions of Code Sections 32-2-75 through 32-2-77. (Ga. L. 1975, p. 1045, § 4; Code 1981, § 13-10-22; Code 1981, § 13-10-83, as redesignated by Ga. L. 2001, p. 820, § 1.) ARTICLE 3 SECURI…

As used in this article, the term: (1) ‘‘Commissioner’’ means the Commissioner of the Georgia Department of Labor. (2) ‘‘Federal work authorization program’’ means any of the electronic verification of work authorization programs operated by the United States Department of Homela…