39-2-11
Section 39-2-11 Proceedings upon failure of successful bidders to execute contracts
and furnish bonds, etc.; death of a low bidder; effect of failure of awarding authorities
to complete execution of contracts and issue proceed orders; withdrawal of low bid upon discovery
of mistake. (a) Should the successful bidder or bidders to whom a contract is awarded fail
to execute a contract and furnish acceptable contract securities and evidence of insurance
as required by law within the period as set forth in Section 39-2-8, the awarding authority
shall retain from the proposal guaranty, if it is a cashier's check, or recover from the principal
or the sureties, if the guaranty is a bid bond, the difference between the amount of the contract
as awarded and the amount of the proposal of the next lowest bidder. If no other bids are
received, the full amount of the proposal guaranty shall be so retained or recovered as liquidated
damages for such default. Any sums so retained or recovered shall be...
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41-10-271
Section 41-10-271 Acquisition, construction, etc., of judicial facilities; award of
contract; payments under contract; Building Commission expenses; revision of plans. The authority
shall proceed with the acquisition, construction, installation and equipping of the judicial
facilities as soon as may be practicable following the sale of the authority's bonds. Such
acquisition, construction, installation and equipping shall be done by the authority under
the supervision of the Building Commission upon the award of a contract or contracts for each
part of the work to the lowest responsible bidder after advertisement for and public opening
of sealed bids; provided, that for the purpose of determining the lowest responsible bidder,
the invitation for bids and the bidding documents shall be so arranged that alternates from
the base bid shall constitute cumulative deductions from the base bid in the event such alternates
should be selected. All such contracts shall be lump sum contracts and...
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16-16-9
Section 16-16-9 Execution, form, terms and conditions of bonds; sale; refunding bonds;
bonds to be limited obligations; security for payment; bonds as negotiable instruments; exemption
from taxation; bonds as security for deposits and for investment of fiduciary funds. (a) The
bonds of the authority shall be signed by its president and attested by its secretary, and
the seal of the authority shall be affixed thereto, and any interest coupons applicable to
such bonds shall be signed by the president; provided, that a facsimile of the signature of
one, but not both, of the said officers may be printed or otherwise reproduced on any such
bonds in lieu of his manually signing the same, a facsimile of the seal of the authority may
be printed or otherwise reproduced on any such bonds in lieu of being manually affixed thereto
and a facsimile of the president's signature may be printed or otherwise reproduced on any
such interest coupons in lieu of his manually signing the same. (b) Any bonds...
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16-60-91
Section 16-60-91 Execution, form, terms, sale, etc., of bonds; use of proceeds; security;
bonds legal investments. The bonds of the authority shall be signed by its president and attested
by its secretary and the seal of the authority shall be affixed thereto, and any interest
coupons applicable to such bonds shall be signed by the president; provided, that a facsimile
of the signature of one, but not both, of said officers may be printed or otherwise reproduced
on any such bonds in lieu of his signing the same, a facsimile of the seal of the authority
may be printed or otherwise reproduced on any such bonds in lieu of being manually affixed
thereto and a facsimile of the president's signature may be printed or otherwise reproduced
on any such interest coupons in lieu of his signing the same. Any bonds of the authority may
be executed and delivered by it at any time and from time to time, shall be in such form and
denominations and of such tenor and maturities, shall bear such rate or...
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2-6-79
Section 2-6-79 Construction of market facility. The Board of Agriculture and Industries
shall proceed with the acquisition, construction and equipping of the market facility as soon
as may be practicable following the sale of the corporation's securities. Such acquisition,
construction and equipping shall be done by the Board of Agriculture and Industries under
the supervision of the Building Commission upon the award of a contract or contracts for each
part of the work to the lowest responsible bidder after advertisement for and public opening
of sealed bids; provided, that for the purpose of determining the lowest responsible bidder,
the invitation for bids and the bidding documents shall be so arranged that alternates from
the base bid shall constitute cumulative deductions from the base bid in the event such alternates
should be selected. All such contracts shall be lump sum contracts and shall be awarded and
executed by the Board of Agriculture and Industries to the respective...
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2-6-80
Section 2-6-80 Renovation of coliseum. The Agricultural Center Board shall proceed with
the renovation and repair of the coliseum as soon as may be practical following the sale of
the corporation's securities. Such renovation and repair shall be done by the Agricultural
Center Board under the supervision of the Building Commission upon the award of a contract
or contracts for each part of the work to the lowest responsible bidder after advertisement
for and public openings of sealed bids; provided, that for the purpose of determining the
lowest responsible bidder, the invitation for bids and the bidding documents shall be so arranged
that alternates from the base bid shall constitute cumulative deductions from the base bid
in the event such alternates should be selected. All such contracts shall be lump sum contracts
and shall be awarded and executed by the Agricultural Center Board to the respective lowest
bidders following determination by the Building Commission of the lowest...
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41-10-461
Section 41-10-461 Sale of bonds. Bonds may be sold by the authority from time to time
in series, and if sold in more than one series may all be authorized in one initial resolution
of the board of directors with the pledges therefor made in such initial resolution although
some of the details applicable to each series may be specified in the respective resolutions
under which the different series are issued; provided, however, that no bonds of the authority
that are authorized under Act 98-245 shall be sold or counsel hired prior to February 1, 1999.
Each series of the bonds may be sold at public or private sale, as determined by the authority,
at such price or prices as the authority shall determine, and, if sold at public sale either
on sealed bids or at public auction, on a basis determined by the authority to enable it to
effect the sale of the bonds being sold at the lowest effective borrowing cost to the authority;
provided, that if in the event of public sale of the bonds no bid...
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41-10-28
Section 41-10-28 Execution of bonds and interest coupons; form, terms, denominations,
etc., of bonds; sale; refunding bonds; liability upon bonds; pledges of certain funds as security
for payment of principal and interest on bonds generally; bonds to be deemed negotiable instruments;
bonds and income therefrom exempt from taxation; use of bonds as security for deposits of
funds of state, etc.; investment of certain state funds and private trust funds in bonds;
public hearing or consent of Department of Finance, etc., not a prerequisite to issuance of
bonds. The bonds of the authority shall be signed by its president and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to such bonds shall be signed by the president; provided, that a facsimile of the signature
of one, but not both, of said officers may be printed or otherwise reproduced on any such
bonds in lieu of being manually subscribed thereon, a facsimile of the...
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16-25A-7
Section 16-25A-7 Authorization and execution of contracts; evidence of coverage; denial
of claims. (a) The board is hereby authorized to execute a contract or contracts to provide
for the benefits or the administration of the plan determined in accordance with the provisions
of this article. Such contract or contracts may be executed with one or more agencies or corporations
licensed to transact or administer group health insurance business in this state. All of the
benefits to be provided under this article may be included in one or more similar contracts
issued by the same or different companies. The board is further authorized to develop a plan
whereby it may become self-insured upon its finding that such arrangement would be financially
advantageous to the state and plan participants. (b) Before entering into any contract or
contracts authorized by subsection (a), the board shall invite competitive bids from all qualified
entities who may wish to administer or offer plans for the...
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16-60-89
Section 16-60-89 Expenditures for building and equipping trade schools and junior colleges;
competitive bidding; approval of plans. All contracts entered into by the authority involving
the expenditure of funds in the preparation of plans and specifications, and all work done
with respect to the construction of buildings involving the expenditure of funds of the authority
shall be let on competitive bids in the same manner and according to the same procedure as
contracts for public works are awarded as prescribed in Sections 39-2-1 through 39-2-13. The
preparation of all plans and specifications for any building constructed wholly or in part
with any of the money, and all work done hereunder in regard to the construction, reconstruction,
alteration and improvement of buildings shall be supervised by the Alabama Building Commission,
or any agency that may be designated by the Legislature as its successor. The authority and
the Building Commission shall agree to a construction cost...
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