Bond to accompany bid

Checkout our iOS App for a better way to browser and research.

No bid shall be entertained that is not accompanied by a bond with sureties in an amount equal to five per centum of the bid or that exceeds the estimated cost of the work to be awarded to a contractor.

Code 1919, § 1761; 1926, p. 616.


Download our app to see the most-to-date content.