§ 11B-18. Bid security.

Latest version.

The Director may require bid security as a condition of submitting a competitive sealed bid. The Director must determine the amount of bid security. Bid security must be:
(a) a bond provided by a surety company authorized and licensed to do business in this State;
(b) cash; or
(c) other security satisfactory to the County. (1994 L.M.C., ch. 30, § 1; , § 1.)

                    
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