Sec. 11B-18. Bid security.
Montgomery County, Md., Code § 11B-18 (2026)
Sec. 11B-18. Bid security.LinkCopy Citation
The Director may require bid security as a condition of submitting a competitive sealed bid. The Director must determine the amount of bid security. Bid security must be:
(a)
a bond provided by a surety company authorized and licensed to do business in this State;
(b)
cash; or
(c)
other security satisfactory to the County.