Bid Security Form

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Bid Security under new IRR

Post by jscn on Tue Jan 05, 2010 7:18 am

Happy New Year!

May I get your opinions with regards to the requirement of bid security. Under the New IRR, is the BAC still allowed to prescribe the form of Bid security? Specifically, can the BAC limit the Bid Security to be in the form of a Manager's check only?
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