105 IAC 12-1-4

105 IAC 12-1-4 "Bid bond" defined

Last amended: 2025Year: 2027Length: 29 wordsOfficial source

Cite as Ind. Admin. Code tit. 105, r. 12-1-4

Sec. 4. "Bid bond" means the approved form of security furnished with a bid to guarantee that the bidder will enter into the contract if its bid is accepted.
105 IAC 12-1-4: 105 IAC 12-1-4 "Bid bond" defined | Justis AI