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NASCLAProcurement and Contracting Requirementsmedium

The instructions to bidders require bid security equal to 5 percent of the bid amount. A bidder submits a bond for a smaller fixed dollar amount. What controls the required bid security?

Correct Answer

B) The 5 percent requirement stated in the bidding instructions

When bidding instructions state bid security as 5 percent of the bid, that stated requirement controls responsiveness. Other choices substitute bidder preference, subcontractor quotes, or payment forms for bid instructions.

Answer Options
A
The bidder's preferred fixed bond amount
B
The 5 percent requirement stated in the bidding instructions
C
Treat only the subcontractor's quote total as the bid-security amount
D
The payment application form

Why This Is the Correct Answer

When bidding instructions state bid security as 5 percent of the bid, that stated requirement controls responsiveness. Other choices substitute bidder preference, subcontractor quotes, or payment forms for bid instructions.

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