Regulation .02 Bid Bond Notice.
Regulation .02 Bid Bond Notice.LinkCopy Citation
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.