Ohio § 731.15
Full text of Ohio Ohio Revised Code § 731.15, with citation guidance and answers to common questions.
§ 731.15.
Each bid on any contract under section 731.14 or 731.141 of the Revised Code shall contain the full name of every person interested in such bid. If the bid is for a contract for the construction, demolition, alteration, repair,
or reconstruction of an improvement, it shall meet the requirements of section 153.54 of the Revised Code . If the bid is for any other contract authorized by section 731.14 or 731.141 of the Revised Code , it shall be accompanied by a sufficient bond or certified check, cashier's check,
or money order on a solvent bank or savings and loan association that, if the bid
is accepted, a contract will be entered into and the performance of it properly secured. If the bid for work embraces both labor and material, it shall be separately stated,
with the price thereof. The legislative authority of a village, or, in the event a village administrator
has been appointed as provided by section 735.271 of the Revised Code , the village administrator may reject any and all bids. The contract shall be between the village and the bidder, and the village shall
pay such contract price in cash. When a bonus is offered for completion of a contract prior to a specified date,
the legislative authority, or, in the event a village administrator has been appointed
as provided by section 735.271 of the Revised Code , the village administrator may exact a prorated penalty in like sum for each day
of delay beyond the specified date. When there is reason to believe there is collusion or combination among bidders,
the bids of those concerned therein shall be rejected.
Frequently Asked Questions About Ohio § 731.15
What does Ohio Revised Code § 731.15 cover?
Section 731.15 is part of the Ohio Revised Code, the codified statutory law of Ohio. 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 Ohio § 731.15?
A common citation format is "Ohio Revised Code § 731.15" (Ohio). 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 Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 731.15 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio 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 Ohio.