Massachusetts S2034 amends public construction bid laws to redefine fraud and strengthen bid requirements.

Massachusetts S2034 amends public construction bid laws by redefining "fraud" as a statement, act, or omission relating to a material fact that is knowingly false or misleading. The bill also mandates that every bid response must be accompanied by a bid deposit, which is 5% of the bid value. Bidders must certify under penalty of perjury that their bid is bona fide, fair, and made without collusion. The bill further specifies that the prequalification committee's decision is final unless there are intentional, material misrepresentations, omissions, or false statements.

Massachusetts S2034 amends public construction bid laws to redefine fraud and strengthen bid requirements.

Massachusetts S2034 amends public construction bid laws by redefining "fraud" as a statement, act, or omission relating to a material fact that is knowingly false or misleading. The bill also mandates that every bid response must be accompanied by a bid deposit, which is 5% of the bid value. Bidders must certify under penalty of perjury that their bid is bona fide, fair, and made without collusion. The bill further specifies that the prequalification committee's decision is final unless there are intentional, material misrepresentations, omissions, or false statements.