Wyoming § 41-7-924 Certified check to accompany bid; forfeiture

Wyoming Statutes

§ 41-7-924 — Certified check to accompany bid; forfeiture

Wyoming·Title 41 Water·Ch. 7 IRRIGATION DISTRICTS·Art. 9 REVENUE BONDS

No proposal shall be accepted which is not accompanied by a
certified check for a reasonable percentage of the amount of the
bid as determined by the board of commissioners, but in no event
less than two percent (2%), to apply on the purchase price of
the bonds. The amount of the check shall be forfeited if after
the acceptance of his proposal the bidder refuses to complete
his purchase on the terms stated in his proposal.

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No proposal shall be accepted which is not accompanied by a
certified check for a reasonable percentage of the amount of the
bid as determined by the board of commissioners, but in no event
less than two percent (2%), to apply on the purchase price of
the bonds. The amount of the check shall be forfeited if after
the acceptance of his proposal the bidder refuses to complete
his purchase on the terms stated in his proposal.

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