Section 80IAC9-6-5. Bid bonds

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(a) The executive director may require each contractor to submit a good and sufficient bid bond with the bid. The bid bond may equal any percentage of the estimated cost of the commission works project that the executive director requires.

(b) The consulting engineer or architect may accept bids provided on forms specified by the commission or on forms provided by surety companies. (State Fair Commission; 80 IAC 9-6-5; filed Nov 7, 2016, 3:46 p.m.: 20161207-IR-080160210FRA)

                    
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