C-435 2018 Bid Bond (Damages Form)

C-435 2018 Bid Bond (Damages Form)

$136.00

EJCDC 2018 C-435 Bid Bond (Damages Form) binds the bidder and surety to a commitment to pay to the owner, upon default of the bidder, any difference between the total amount of the bidder’s bid and the total amount of the next lowest, responsible, and responsive bidder, as determined by the owner, for the work required by the contract documents.

Description

EJCDC 2018 C-435 Bid Bond (Damages Form) binds the bidder and surety to a commitment to pay to the owner, upon default of the bidder, any difference between the total amount of the bidder’s bid and the total amount of the next lowest, responsible, and responsive bidder, as determined by the owner, for the work required by the contract documents.