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Tender Serial #. UNIVERSITY OF ENGINEERING AND TECHNOLOGY, TAXI LA (PROCUREMENT CELL) SCHEDULE OF REQUIREMENTS FOR PURCHASE OF LAB. EQUIPMENT FOR BSC AUTOMOTIVE ENGINEERING TECHNOLOGY PROGRAM FOR
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A bid bond is a type of security deposit provided by a bidder as a guarantee that they will abide by the terms of the bid contract if they are awarded the project.
Typically, contractors or construction companies are required to file bid bonds when submitting a bid for a construction project.
Bid bonds can be filled out by contacting a surety company that provides bid bond services. The bidder will need to provide information about the project, the bid amount, and other relevant details.
The purpose of a bid bond is to assure the project owner that the bidder is financially stable and capable of completing the project if they are selected as the winning bidder.
The bid bond should include information about the bidder, the project being bid on, the bid amount, and any other relevant details specified by the project owner.
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