PRINTER'S NO. 834
No. 757 Session of 1991
INTRODUCED BY STETLER, ANGSTADT, BILLOW, BUNT, CAPPABIANCA, COLAIZZO, COY, DEMPSEY, KOSINSKI, LINTON, McNALLY, MERRY, PESCI, PISTELLA, SERAFINI, STURLA, TRELLO, VAN HORNE AND WAMBACH, MARCH 13, 1991
REFERRED TO COMMITTEE ON URBAN AFFAIRS, MARCH 13, 1991
AN ACT 1 Amending the act of June 23, 1931 (P.L.932, No.317), entitled 2 "An act relating to cities of the third class; and amending, 3 revising, and consolidating the law relating thereto," 4 granting the mayor the authority to determine whether or not 5 security should accompany bids submitted in response to 6 advertisement. 7 The General Assembly of the Commonwealth of Pennsylvania 8 hereby enacts as follows: 9 Section 1. Section 1901(f) of the act of June 23, 1931 10 (P.L.932, No.317), known as The Third Class City Code, reenacted 11 and amended June 28, 1951 (P.L.662, No.164) and amended 12 September 17, 1959 (P.L.906, No.359), is amended to read: 13 Section 1901. Power to Make Contracts; Regulations 14 Concerning Contracts.--* * * 15 (f) [All bids advertised for shall be accompanied by cash, 16 by a certified or cashier's good faith check in an amount 17 required by council but at least ten per centum of the bid, or 18 by a bond with corporate surety in such amount as council shall 19 determine but not less than ten per centum of the amount bid.]
1 Council may require that any bids so advertised be accompanied 2 by cash, by a certified or cashier's good faith check or other 3 irrevocable letter of credit in an acceptable amount, or by a 4 bond with corporate surety in an acceptable amount. Whenever it 5 is required that a bid be accompanied by cash, certified check, 6 cashier's good faith check or other irrevocable letter of 7 credit, no bid shall be considered unless so accompanied. In the 8 event any bidder shall, upon award of the contract to him, fail 9 to comply with the requirements hereinafter stated as to a bond 10 guaranteeing the performance of the contract the good faith 11 deposit by cash, certified check, or bond, shall be forfeited to 12 the city as liquidated damages. 13 * * * 14 Section 2. This act shall take effect in 60 days. B5L11JRW/19910H0757B0834 - 2 -