Montana Statutes
§ 60-2-113 — Bidder's Security -- Contractor's Bond
Montana·Title 60 HIGHWAYS AND TRANSPORTATION·Ch. 2 STATE ADMINISTRATION·Part 1 Transportation Commission
60-2-113 . Bidder's security -- contractor's bond.
(1)(a) Subject to subsection (1)(b), whenever the commission calls for competitive bidding, each bidder shall meet all requirements of Title 18, chapter 1, part 2.
(b)The commission may accept electronic bid bonds signed electronically or otherwise verified by the bidder and the surety.
(2)Each contractor awarded a contract by the commission shall meet all requirements set forth in Title 18, chapter 2, part 2. A contract is not considered to be completed until the commission, while formally convened, affirmatively accepts all of the work specified in the contract.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 60-2-113 (Bidder's Security -- Contractor's Bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 9-103, Ch. 197, L. 1965; R.C.M. 1947, 32-4103; amd. Sec. 2, Ch. 48, L. 2009.
Nearby Sections
15
§ 60-2-101
Repealed§ 60-2-102
Repealed§ 60-2-103
Repealed§ 60-2-104
Repealed§ 60-2-105
Repealed§ 60-2-108
And 60-2-109 Reserved§ 60-2-113
Bidder's Security -- Contractor's Bond