| 单词 | bid bond |
| 释义 | bid bond noun[C] ukusanamountofmoneythat acompanythat makes thelowestbidto do aparticularpieceofworkpromisestopayif it then does not do thework: Thepurposeof thebidbondis topreventfrivolousbidders. Abidbondis often in theformof afinancialguaranteefrom abankorinsurancecompany. Examplesofbid bondbid bond A $2 millionbidbondwas to accompany each bid; the winner would have to post a $5 million performance bond. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.Thebidbondpenalty is generally ten percent of the bidder's tender price. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.A $2 millionbidbondwas to accompany each bid. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.The validity of the tender was 180 days—six months—with the usual performance andbidbonddemands. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 Is it possible to emulate the principles of international tendering by the use of bid bonds and performance bonds? From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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