Bid bond


Also found in: Financial.

Bid bond

A form of bid security executed by the bidder as principal.

bid bond

A form of bid security executed by the bidder as principal and by a surety. Also see bid security and surety
References in periodicals archive ?
If the Base Bid or the Base Bid plus the sum of any alternates fall into the criteria above requiring a Bid Bond, the bidder shall enclose a Certified Check or Bid Bond with each bid.
KUWAIT Off-shore drilling rig services Tender no: PQ-16/04B Description: Off-shore drilling rig services (Medium depth rigs) PQ-16/04B Bid bond: N/A; Fee: N/A Company: Kuwait Oil Company Phone: +965 2386 5385 Email: contaction@kockw.com Closing date: May 15, 2016
Bid Bond Broker's Questionable Conduct Not Imputed to Bidder
All bidders shall provide a bid bond as security for the bid in the form of a 10% bid bond to accompany their bid.
the awarding entity shall require the contractors to pay a bid bond in the amount of pln 59,000.00.
Bid bond: Applicable Fee: QR500 Company: Qatar Petroleum, Woqod Tower, West Bay, Doha, Qatar.
Bid Bond. When required on the cover sheet, a bid bond for not less than 5 percent of the bid amount must accompany all bids as a guarantee that if the bid is accepted, the bidder will execute and file the proper contract.
Bid bond: N/A Fee: QR500 Company: ORYX GTL Phone: +974 4474 3333 Email: info@oryxgtl.com.qa Closing date: March 16, 2016
The Bidder entering the tender is obliged to pay a bid bond.
Bid bond: N/A; Fee: QR500 Company: ORYX GTL Phone: +974 44743333 Email: info@oryxgtl.com.qa Closing date: March 16, 2016
Bids must be made in the standard bid form in the manner designated therein and required by the specifications, must be enclosed in sealed envelopes bearing the name of the job and the name and address of the bidder on the outside, addressed to the Purchasing Agent of Middlesex County, and must be accompanied by Certified Check, Cashiers Check or Bid Bond for not less than 10% of the amount bid, but not exceeding $20,000.00.