TITLE 71: PUBLIC BUILDINGS, FACILITIES AND REAL PROPERTY
CHAPTER IV: SECRETARY OF STATE
PART 2000 PUBLIC BUILDING CONSTRUCTION
SECTION 2000.250 RETURN OF SECURITY


 

Section 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.

 

(Source:  Amended at 16 Ill. Reg. 10068, effective June 15, 1992)