Sec. 10A-124. Price fixing prohibited

Each bidder or offeror shall, by virtue of submitting a bid or proposal, guarantee that he has not been a party with other bidders or offerors to any agreement that would, as an effect, restrict or limit competition. Violations of this guarantee shall render void the bid or proposal of such bidders or offerors. Further, any contract where this guarantee has been violated may be cancelled, and all amounts paid on such contract may be recovered.