Bid bond


Also found in: Financial.

Bid bond

A form of bid security executed by the bidder as principal.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved

bid bond

A form of bid security executed by the bidder as principal and by a surety. Also see bid security and surety
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
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
Bid bond: Applicable Fee: QR500 Company: Qatar Petroleum, Woqod Tower, West Bay, Doha, Qatar.
Bid bond: N/A Fee: QR500 Company: ORYX GTL Phone: +974 4474 3333 Email: info@oryxgtl.com.qa Closing date: March 16, 2016
Bid bond: N/A; Fee: QR500 Company: ORYX GTL Phone: +974 44743333 Email: info@oryxgtl.com.qa Closing date: March 16, 2016