Guam § 68108 - Construction Contracts.
Full text of Guam Guam Code Annotated § 68108 — Construction Contracts., with citation guidance and answers to common questions.
§ 68108. Construction Contracts.
Contracts for the construction of any project, or any part thereof,
may be awarded by the Board in such manner as in its judgment will best
promote free and open competition, including advertisement for
competitive bids in a newspaper of general circulation in Guam
provided, however, that if the Board shall determine that the purposes of
this Chapter will thereby be more effectively served, the Board in its
discretion may award contracts for the construction of any project, or any
part thereof, upon a negotiated basis as determined by the Board. The
Board shall prescribe such bid security requirements and other
procedures in connection with the award of such contracts as in its
judgment shall protect the public interest. The Board may by written
contract engage the services of the lessee or prospective lessee of any
project in the construction of such project and may provide in such
contract that the lessee or prospective lessee may act as an agent of, or an
independent contractor for, the Board for the performance of the
functions described therein, subject to such conditions and requirements,
consistent with the provisions of this Chapter as shall be prescribed in
such contract, including such functions as the acquisition of the site and
other real property for such project, the preparation of plans,
specifications and contract documents, the award of construction and
other contracts upon a competitive or negotiated basis, the construction
of such project, or any part thereof, directly by such lessee or prospective
lessee, the inspection and supervision of construction, the employment of
engineers, architects, builders and other contractors and the provision of
money to pay the cost thereof pending reimbursement by the Board. Any
such contract may provide that the Board may, out of proceeds of bonds,
make advances to or reimburse the lessee or prospective lessee for its
costs incurred in the performance of such functions and shall set forth the
supporting documents required to be submitted to the Board and the
reviews, examinations and audits that shall be required in connection
therewith to assure compliance with the provisions of this Chapter and
such contract.
Frequently Asked Questions About Guam § 68108
What does Guam Code Annotated § 68108 cover?
Section 68108 ("Construction Contracts.") is part of the Guam Code Annotated, the codified statutory law of Guam. 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 Guam § 68108?
A common citation format is "Guam Code Annotated § 68108" (Guam). 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 Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 68108 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam 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 Guam.