Section 105 IAC 11-1-6 - "Bid bond" definedAuthority: IC 8-23-2-6
Affected: IC 8-23-10
Sec. 6.
"Bid bond" means the approved form of security furnished with a bid to guarantee that the bidder will enter into the contract if the bidder is awarded the contract.
Indiana Department of Transportation; 105 IAC 11-1-6; filed Jul 25, 1991, 3:30 p.m.: 14 IR 2182; readopted filed Nov 7, 2001, 3:20 p.m.: 25 IR 899; filed May 23, 2007, 2:58 p.m.: 20070620-IR-105070036FRA; readopted filed Oct 2, 2013, 11:39 a.m.: 20131030-IR-105130295RFAReadopted filed 10/4/2019, 9:49 a.m.: 20191030-IR-105190422RFA