Bid Bond definition

Bid Bond means the unconditional and irrevocable bank guarantee to be submitted along with the Bid by the Bidder under Clause 3.14 of this RFS, in the prescribed Format- 3.
Bid Bond means the financial security for the bid, in the shape of demand draft in the name of USF Co., which an Applicant must furnish to USF Co. in accordance with section 39 of this RFA;
Bid Bond means the unconditional and irrevocable bank guarantee to be submitted along with the Bid by the Bidder under Clause 2.18 of this RfP, as per the prescribed Format 4.6;

Examples of Bid Bond in a sentence

  • The following documents are attached hereto: • Photocopy of Bid Bond on the District's form or other security • Designated Subcontractors List • Site Visit Certification • Non-Collusion Declaration • Iran Contracting Act Certification Receipt and acceptance of the following Addenda is hereby acknowledged: No. , Dated No. , Dated No. , Dated No. , Dated No. , Dated No. , Dated Bidder acknowledges that the license required for performance of the Work is a license.

  • Bid Drawing(s); Project Drawing(s); Bid Bond; Payment Bond; Performance Bond; Notice of Award; Notice to Proceed; Change Order(s); Change Notice(s); Certificate of Substantial Completion, and the following: The above documents shall collectively and individually be known herein as Exhibit A.

  • The contractor will provide to the owner a Bid Bond, which will accompany the bid for the project.

  • All documents relating to construction of the Project, issued by or through the Engineer, on behalf of the District to the Contractor, or by the District, including the Notice Inviting Bids, Instructions to Bidders, Bid, Information Required of Bidder, Bid Bond, Agreement Performance Bond, Payment Bond, General Conditions, Supplemental General Conditions, drawings, specifications, all addenda and change orders executed pursuant to the Contract.

  • Bid Bond Performance Bond Payment Bond 5% of Bid Amount 100% of Contract Sum 100% of Contract Sum The Contractor shall deliver the required performance/payment bonds to the Owner and Architect at least three (3) days before the commencement of any Work at the Project site.


More Definitions of Bid Bond

Bid Bond means the security executed by the Bidder and the Surety furnished to TxDOT to guarantee payment of liquidated damages if the Bidder fails to enter into an awarded Contract.
Bid Bond means an insurance agreement in which a third party agrees to be liable to pay a certain amount of money in the event that a specific bidder, if his bid is accepted, failed to accept the contract as bid.
Bid Bond means the unconditional and irrevocable bank guarantee for Rupees Twenty Eight Crore Only (Rs. 28 Crore), to be submitted along with the Technical Bid by the Bidder under Clause 2.11 of this RFP, as per the format prescribed in Annexure 14;
Bid Bond means a bond given to the Township to guarantee entry into a contract. This bond is given to indemnify the Township against increased costs if the bidder does not carry out the specified undertaking to enter into a contract;
Bid Bond means the financial security for the bid, including any pay order or demand draft in the name of USFCo, that an Applicant must furnish to USFCo in accordance with section 39 of this RFA;
Bid Bond means an insurance agreement in which a third party agrees to be liable to pay a certain amount of money in the event a specific bidder fails to accept the contract as bid.