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Deposits or other security for proposals by bidders

M.G.L. c. 29, § 54
in effect
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c. 29, § 54. Deposits or other security for proposals by bidders Section 54. 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.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIII/Chapter29/Section54Fetched: 10/20/2026

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