374.14 CERTIFIED CHECKS WITH ALL BIDS.
Each person submitting bids or proposals under section
shall file with the bid or
proposal a certified check in an amount prescribed in the specifications of the commission for the
building, to be retained as liquidated damages and divided equally between the city and county in
case of failure to enter into a contract if it is awarded.
All contracts shall be in writing and made in the name of the county and city and shall be
executed in their behalf by the officers empowered by law or charter to execute the contracts.
All persons awarded building contracts shall furnish bonds as required by state law relating to
contracts for public improvements. The bonds shall run to the county and city.
History: (643-14) 1929 c 397 s 14; 1985 c 109 s 4