Minnesota Department of Transportation (MnDOT) · 2025 Standard Specifications for Construction

Section 1208 — Proposal Guaranty

Minnesota 2025 Standard Specifications for Construction, Section 1208. Full text, cross-references and related pay items on BuildSpec.

1208 PROPOSAL GUARANTY The Bidder shall include with its Proposal a Proposal Guaranty that meets the following requirements: (1) Equal to 5 percent of the total amount of the Proposal (2) Made payable to the Department (3) In the form of a bond A Proposal Guaranty in the form of a bond must meet the following requirements: (1) Issued by a corporation authorized by the Minnesota Department of Commerce to contract as a Surety in the State of Minnesota (2) Conditioned on the execution of the Contract in accordance with 1306, “Execution and Approval of Contract”

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