BID GUARANTY. The cashier's check or bidder's bond accompanying the proposal submitted by the bidder, as a guaranty that the bidder will enter into a contract with the owner for the construction of the work, if the contract is awarded to them.
BID GUARANTY. Each bid shall be accompanied by a bid bond, cashier's check or a certified check for an amount not less than five (5) percent of the bid amount, payable unconditionally to the City of Xxxxxxxx, Missouri as a guarantee that the bidder will execute a contract and furnish the required bond if his bid is accepted.
BID GUARANTY. The FHSU Purchasing Office requires that a bid guaranty in the amount of five percent (5%) of the total bid be submitted by all bidders to ensure faithful performance with the conditions of this RFP. A bid guaranty must be one of the following: 1) certified check, cashier check, or certificate of deposit payable to Fort Xxxx State University; or 2) a properly executed bid bond payable to Fort Xxxx State University. All checks or certificates of deposit submitted as a bid guaranty shall be returned after contract award unless the guaranty shall serve as a performance guaranty for the successful bidder. Bonds will not be returned. If the successful bidder fails to enter into a written contract, FHSU shall retain the bid guaranty as liquidated damages.
BID GUARANTY. Pursuant to the provisions of Section 153.54, each bidder shall be required to file with his bid one of the following options:
1. A bond in accordance with division (B) of Section 153.54 of the Revised Code, providing for the Bid Guaranty and the Contract Bond in the full amount of the bid, or,
2. A Certified Check, Xxxxxxx's Check, or Letter of Credit pursuant to Chapter 1305 of the Revised Code, in accordance with division (C) of Section 153.54. The amount of the Certified Check, Cashier's Check or Letter of Credit shall be equal to ten percent (10%) of the bid. If this option is used, a Performance Bond issued by a surety company in the amount of 100% of the contract price shall be furnished by the successful bidder as a condition of the contract.
BID GUARANTY. Each bid shall be accompanied by either a U.S. currency certified checks, cashier’s check, or bidding Contractor’s bond of a surety company acceptable to the District in an amount not less than ten percent (10%) of the bid amount and shall be made payable to the District.
BID GUARANTY. CONTRACT BOND (or combined Bid Guaranty and Contract Bond as applicable) The Contractor agrees to provide the maintenance and cleaning services described in the Contract Documents for the fees set forth in the Bid Proposal Form. The Contractor also agrees to all of the terms and conditions set forth in the Contract Documents. In the event of any conflict or inconsistency between the provisions of this Agreement and any of the other Contract Documents or if any questions regarding the true construction or meaning of the documents arise, the same shall be decided by the City and such decision shall be binding and conclusive upon the Contractor.
BID GUARANTY. A. The bid shall be accompanied by a PDF file of an original bid guaranty in the amount equal to at least 5% of the Total Bid Price. Upon request by the County, bidder(s) shall provide the original bid guaranty which accompanied their electronic bid. The bid guaranty shall be in one of the following formats and made payable to KING COUNTY: (1) a bid guaranty bond, using either the form provided in §00 43 13 or a form acceptable to the County which contains provisions substantially similar to those in §00 43 13, duly completed by a guaranty company authorized to carry on business in the state of Washington; or (2) a postal money order, a certified check, or cashier's check drawn upon a banking institution with a branch office in the state of Washington. The surety signing the bid guaranty bond shall be registered with the Washington State Insurance Commissioner, and the surety's name shall appear in the current Authorized Insurance Company List in the State of Washington published by the Office of the Insurance Commissioner. Failure to submit the PDF file of the original bid guaranty, or upon request by the County, provide the original bid guaranty, shall render the bid non-responsive and be rejected.
B. The amount payable to the County under the bid guaranty bond, or the certified or cashier's check or postal money order and the amount thereof, as the case may be, shall be forfeited to the County in case of a failure or neglect of the Bidder to furnish, execute and deliver to the County all the forms listed in §00 52 00 within the number of days specified therein, following the issuance of the Intent to Award. Forfeiture of the bid guarantee shall not limit the County’s right to recover damages from the Bidder caused by the Bidder’s failure to execute the Contract.
C. The County will return bid guarantees of all bidders in accordance with §00 20 00
BID GUARANTY. The Shareholders acknowledge that Geraxx xxx posted a bid guaranty in the amount of US $100,000. Such amount shall be returned to Geraxx xxxn the bid guaranty is replaced by the performance guaranty required by the Concession Contract, it being understood that the performance guaranty will be provided by the Company.
BID GUARANTY. For electronic bids, upload a copy of the guaranty check or bid bond on CivCast. Submit the original guaranty check or bid bond within 24 hours to FBGPTRA.
BID GUARANTY. A Bidder shall submit with the Bid, a Bid Guaranty in the amount of five percent (5%) of the Total Bid Amount. The requirement of the Bid Guaranty is to ensure that the Bidder will promptly execute the Contract in accordance with the Advertisement and in the manner and form required by the Contract Documents and that the Bidder will furnish good and sufficient Contract Bonds and required insurance. The Bid Guaranty shall be in the form in the Required Documents for Bid Submittal. The Bid Guaranty will remain in force up to 30 Days after Bid Opening, or until Award of Contract as it may be extended by the T/LPA, notice of which extension(s) to the surety is hereby waived.
