TITLE 71: PUBLIC BUILDINGS, FACILITIES AND REAL PROPERTY
CHAPTER IV: SECRETARY OF STATE PART 2000 PUBLIC BUILDING CONSTRUCTION SECTION 2000.250 RETURN OF SECURITY
Section 2000.250 Return of Security
Bid security will be returned to unsuccessful Bidders after award of the contract and issuance of a Notice to Proceed. The bid security of the successful Bidder will be returned after contracts have been signed and performance security, if any, submitted. Performance security will be returned upon full performance.
(Source: Amended at 16 Ill. Reg. 10068, effective June 15, 1992) |