Common use of BID BOND / GUARANTEE Clause in Contracts

BID BOND / GUARANTEE. If the quoted bid value exceeds Rs: 2,000,000.00, such Bids should be accompanied with 1% of Bid Value an “on demand” and “unconditional” Bid Bond/Guarantee for a sum of Rs:

Appears in 13 contracts

Samples: Invitation to Bid, Invitation to Bid, Invitation to Bid

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