[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 2USC107]
TITLE 2--THE CONGRESS
CHAPTER 4--OFFICERS AND EMPLOYEES OF SENATE AND HOUSE OF REPRESENTATIVES
Sec. 107. Opening bids for Senate and House stationery; awarding
contracts
All such proposals shall be kept sealed until the day specified in
such advertisement for opening the same, when the same shall be opened
in the presence of at least two persons, and the contract shall be given
to the lowest bidder, provided he shall give satisfactory security to
perform the same, under a forfeiture not exceeding double the contract
price in case of failure; and in case the lowest bidder shall fail to
enter into such contract and give such security, within a time to be
fixed in such advertisement, then the contract shall be given to the
next lowest bidder, who shall enter into such contract, and give such
security. And in case of failu