Colorado § 32-11-548 - Bid requirements.
Full text of Colorado Colorado Revised Statutes § 32-11-548 — Bid requirements., with citation guidance and answers to common questions.
§ 32-11-548. Bid requirements.
(1) All bids shall:
(a) Be in writing and be sealed; and
(b) Except any bid of the state or any board or department thereof, if one is received, be accompanied by a deposit of an amount of at least two percent of the principal amount of the securities, either in cash, or by cashier's check or treasurer's check of, or by certified check drawn on, a solvent commercial bank in the United States, which deposit shall be returned if the bid is not accepted.
Source: L. 69: p. 776, § 90. C.R.S. 1963: § 89-21-90.
Frequently Asked Questions About Colorado § 32-11-548
What does Colorado Revised Statutes § 32-11-548 cover?
Section 32-11-548 ("Bid requirements.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 32-11-548?
A common citation format is "Colorado Revised Statutes § 32-11-548" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 32-11-548 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.