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Ch. 13
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428
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LAWS OF MARYLAND
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(4) RESERVES THE RIGHT TO REJECT ANY OR ALL
BIDS.
(C) PUBLICATION OF NOTICE.
THE NOTICE SHALL BE PUBLISHED:
(1) FOR AT LEAST 2 SUCCESSIVE WEEKS IN ONE OR
MORE NEWSPAPERS PUBLISHED OR HAVING GENERAL CIRCULATION
IN EACH COUNTY IN WHICH THE PROJECT WILL BE LOCATED; AND
(2) FOR 3 SUCCESSIVE ISSUES IN AT LEAST ONE
DAILY NEWSPAPER PUBLISHED IN BALTIMORE CITY.
(D) CHECK OR BID BOND TO ACCOMPANY BID.
(1) EACH BID UNDER $1-MILLION SHALL BE
ACCOMPANIED BY:
(I) A CERTIFIED CHECK OF THE BIDDER OR A
CASHIER'S OR TREASURER'S CHECK DRAWN ON A BANK; OR
(II) IF THE ADMINISTRATION APPROVES, A BID
BOND WITH A SURETY THAT THE ADMINISTRATION APPROVES.
(2) EACH BID OVER $1-MILLION SHALL BE
ACCOMPANIED BY A BID BOND WITH A SURETY THAT THE
ADMINISTRATION APPROVES.
(3) EACH BID BOND SHALL BE CONDITIONED THAT
THE BIDDER PROMPTLY WILL EXECUTE THE CONTRACT AND FURNISH
THE REQUIRED BOND FOR THE COMPLETION OF THE WORK TO BE
UNDERTAKEN AS PROVIDED IN THE CONTRACT SPECIFICATIONS.
(E) AMOUNT OF CHECK OR BID BOND.
THE AMOUNT OF THE CHECK OR BID BOND TO ACCOMPANY THE
BID SHALL BE BASED ON THE TOTAL AMOUNT OF THE BID, AS
FOLLOWS:
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TOTAL AMOUNT OF BID
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AMOUNT OF CHECK
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LESS THAN
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$ 20,000
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............................. $ 500
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1,000
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1,500
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2,000
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2,500
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3,000
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4,000
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5,000
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6,000
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7,000
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8,000
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10,000
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12,000
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15,000
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18,000
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$20,000
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TO
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49,999.99
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50,000
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TO
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74,999.99
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75,000
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TO
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124,999.99
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125,000
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TO
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174,999.99
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175,000
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TO
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224,999.99
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225,000
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TO
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274,999.99
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275,000
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TO
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324,999.99
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325,000
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TO
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374,999.99
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375,000
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TO
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424,999.99
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425,000
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TO
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474,999.99
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475,000
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TO
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524,999.99
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525,000
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TO
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574,999.99
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575,000
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TO
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624,999.99
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625,000
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TO
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674,999.99
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