Mass. Gen. Laws ch. 29 § 54

Current through Chapter 223 of the 2024 Legislative Session
Section 29:54 - Deposits by bidders

The state treasurer may require each bidder submitting a proposal under section 53, as a condition precedent to the consideration of such bidder's proposal, to submit a good faith deposit or otherwise secure such bidder's proposal, in such manner and amount as the state treasurer shall determine to be appropriate.

Mass. Gen. Laws ch. 29, § 54

Amended by Acts 2012, c. 165,§ 112, eff. 1/1/2013.