Moon Lake Electric Ass'n v. Ultrasystems Western Constructors, Inc.

OPINION

BENCH, Judge:

Plaintiff appeals entry of summary judgment denying it forfeiture of defendants’ bid bond. We consider three issues on appeal: 1) was the appeal timely filed? 2) was plaintiff’s motion for new trial properly denied? 3) were the defendants entitled to summary judgment? We affirm.

Plaintiff Moon Lake Electric Association, Inc. (Moon Lake), is a Utah corporation and rural electric cooperative. In August 1985, Moon Lake solicited bids for construction of an electrical substation in the Rangely oilfield, Rio Blanco, Colorado. Each bidder was required to furnish a bid bond in the…