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Proposal/Bid Guaranty

Defined in the LouisianaDOT standard specifications. This is the agency’s own text, with the section it comes from.

Definitions are quoted from state-authored public specification books. This page carries no I-Code-derived terms.

Louisiana · LaDOTD

The required security furnished with a bid. The only form of security acceptable is a Bid Bond.

Section 101 — General Information, Definitions, and Terms
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