Title 07 Finance
Chapter 07.02 Bonds in Favor of City
Section 07.02.030 Bidding
- Bidders for contracts for public works are required to furnish, as part of the bid, a bid bond in an amount fixed by the invitation documents of at least five percent of the bid amount.
- Bidders for public contracts for goods, materials and/or services may be required to furnish, as part of the bid, a bid bond in an amount fixed in the invitation or request for proposals documents.
Date Passed: Monday, May 7, 2007
Effective Date: Wednesday, June 20, 2007
Recodification ORD C34024 Section 1