Code of Virginia - Title 21 Drainage, Soil Conservation, Sanitation And Public Facilities Districts - Section 21-350 Bond to accompany bid

§ 21-350. Bond to accompany bid

No bid shall be entertained that is not accompanied by a bond with sureties in an amount equal to five per centum of the bid or that exceeds the estimated cost of the work to be awarded to a contractor.

(Code 1919, § 1761; 1926, p. 616.)

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Last modified: April 3, 2009