Proposal Guaranty a form of security assuring that the Proposer (a) will not withdraw the Proposal within the period specified for acceptance, and (b) will execute a Contract and furnish required bonds and any necessary insurance within the time specified in the Solicitation, unless a longer time is allowed by the City. The guarantee will be returned to the Proposer upon execution of a Contract.
Proposal Guaranty. The security furnished by the bidder as guaranty that the bidder will enter into the Contract for the work if the Department accepts the proposal. Package to be provided to Asset Maintenance Contract Bidders defining requirements of the contract and the functions and responsibilities of the Contractor and Department. The Criteria for Scope of Work and Service, and all other documents attached thereto together set forth the criteria for work to be provided to complete this Contract.
Proposal Guaranty. The security furnished with a proposal to guarantee that the bidder will enter into a contract if their own proposal is accepted by the Owner.
Proposal Guaranty. The cash, check or Bidder's Bond accompanying the Proposal submitted by the Bidder as a guarantee that the Bidder will enter into a Contract with the City for the construction of the Work if awarded to them.
Proposal Guaranty. No proposal will be considered unless accompanied by a bid bond, surety, or similar guaranty of the types and in an amount not less than the amount indicated in the Invitation to Bid. All sureties shall be made payable to the "City of Portsmouth". If a bid bond is used by the bidder it shall be: • In a form satisfactory to the Owner; • With a surety company licensed, authorized to do business in, and subject to the jurisdiction of the courts of the State of New Hampshire; and • Conditioned upon the faithful performance by the principal of the agreements contained in the subbid or the general bid. In the event any irregularities are contained in the proposal guaranty, the bidder will have four business days (not counting the day of opening) to correct any irregularities. The corrected guaranty must be received by 4:00 p.m. If irregularities are not corrected to the satisfaction of the Owner, the Owner, in its sole discretion, may reject the bid.
Proposal Guaranty. The first paragraph is voided and replaced by the following: The proposal shall be accompanied by a proposal guaranty in the amount indicated in the proposal. The proposal guaranty shall be payable to the Texas Transportation Commission and shall be a cashier's check or a bank money order on a State or National Bank or a Savings and Loan Association, or a State or Federally Chartered Credit Union. A check or money order must be payable at or through the institution issuing the instrument, or must state that the issuing institution is both the drawer and the drawee of the official obligation to pay the amount stated. The Department will not accept as a proposal guaranty:
1. a check labeled "Official Check", "Officer's Check", or "Teller's Check";
Proposal Guaranty. A Cashier's Check of Bidder's Bond in an amount equal to five thousand dollars ($5,000.00) shall accompany the Proposal submitted by the Bidder, as a guaranty that the Bidder will enter into an Agreement with the Owner of the construction of the work, if the Contract is awarded to him.
Proposal Guaranty. Delete the First paragraph and substitute the following: The Proposal when submitted shall be accompanied by a certified check payable to the order of the Rhode Island Turnpike and Bridge Authority or by a Proposal Bond satisfactory to the Authority bound with these Supplementary Specifications. The certified check, or the Proposal Bond, shall be for a sum of not less than ten percent (10%) of the total Contract Price bid for the Project, and such bond shall be issued only by and originate only with an agent lawfully licensed and registered in the State of Rhode Island. Add the following at the end of the Second paragraph: The power of attorney shall set forth the authority of the attorney-in-fact who has signed the bond on behalf of the surety company to bind the company and shall further certify that such power is in full force and effect as of the date of the bond.
Proposal Guaranty. The Supplier shall submit a Proposal Guaranty according to the requirements of Checksheet LRS 7 BIDDING REQUIREMENTS AND CONDITIONS FOR MATERIAL PROPOSALS (included by reference). The bond or check shall be for a minimum of 5 percent of the “Total for Bond Only” (total of all bids) line on the CBID form.
Proposal Guaranty. All bids shall be presented under sealed cover and shall be accompanied by cash, cashier's check, certified check, or bidder's bond, made payable to the City of South San Francisco, for an amount equal to at least ten percent (10%) of the amount of said bid, and no bid shall be considered unless such cash, cashier's check, or certified check, or bidder's bond is enclosed therewith.
