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bid bond

1

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EKI terminibaas Esterm

ID 709583 Viimati muudetud 10.03.2026
Vaata sõnakogu
Vaata sõnakogu
Valdkond rahandus, maksustamine, toll
  • a bond submitted with the bid of guarantee that the bid has been made in good faith and the bidder will enter into contract if his proposal is accepted. He will furnish performance and payment bonds.
  • type of bond required in public construction projects which must be filed at the time of the bid and which protects the public agency in the event that the bidder refuses to enter into a contract after the award to him or withdraws his bid before the award. A type of indemnity bond. Not to be confused with "bid guarantee".
bid bond
Näited
  • Payments of debts due to the Government of the FRY or the Government of the Republic of Serbia incurred before the entry into force of this Regulation (with the exception of bank guarantees, performance bonds, bid bonds and similar instruments), and the execution of payment orders received from outside the Community, on the condition that these payments are made into frozen accounts held by those Governments with bank or financial institutions within the Community ...
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