MCC §3.40.120
What happens to bid deposits
Read the official text at library.municode.com ↗This section explains what happens to the money bidders put down for a county contract. If the winning bidder fails to sign the contract and provide required security on time, the county keeps the deposit. Otherwise, deposits are returned to bidders.
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The ordinance, as written (Maui County) — Forfeiture of deposits
A copy, taken August 21, 2026. The version published by Maui County is the one that governs, and it may have changed since. Check it before relying on anything here.
If the bidder to whom the contract is awarded fails or neglects to enter into the
contract and furnish satisfactory security, as required by sections 3.40.150 and 3.40.160 , within ten days after the award or within such further time as the director of finance
may allow, the director of finance shall pay the deposit into the treasury as a realization
of the County. If the contract is entered into and the security furnished within the
required time, the deposit shall be returned to the successful bidder. Deposits made
by the unsuccessful bidders shall be returned to them after the contract is entered
into or, if the contract is not entered into, after the expiration of sixty days after
the opening of the bids or after the director of finance publishes another call for
tenders, whichever is sooner.
(Ord. 1069 § 1 (part), 1980: prior code § 5-9.4(g))
Read the official text at library.municode.com ↗as published Nov 21, 2025our copy taken Aug 21, 2026
Published by the County of Maui through Municode.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.