Md. Code Regs. 21.05.08.02

Current through Register Vol. 51, No. 25, December 13, 2024

Section 21.05.08.02 - Bid Bond Notice

A. Solicitations for construction contracts reasonably expected by the procurement officer to exceed $100,000 shall contain notice of bid security requirements (See COMAR 21.06.07).

B. Solicitations for all other contracts reasonably expected by the procurement officer to exceed $50,000 and for which the procurement officer wishes to require bid security shall contain notice of the bid security requirements.

C. Notwithstanding A and B of this regulation, notice of bid security is required if a federal law or a condition of federal assistance for the contract requires it.

Md. Code Regs. 21.05.08.02

Regulations .02 adopted effective January 9, 1989 (15:27 Md. R. 3138)
Regulation .02A amended and C adopted effective May 20, 1996 (23:10 Md. R. 733)