Ill. Admin. Code tit. 71, § 2000.250 - Return of Security

Bid security will be returned to unsuccessful Bidders after award of the contract and issuance of a Notice to Proceed. The bid security of the successful Bidder will be returned after contracts have been signed and performance security, if any, submitted. Performance security will be returned upon full performance.

Notes

Ill. Admin. Code tit. 71, § 2000.250

Amended at 16 Ill. Reg. 10068, effective June 15, 1992

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