Funds or a bid bond submitted with a bid as a guarantee to the recipient of the bid that the contractor, if awarded the contract, will execute the contract in accordance with the bidding requirements of the contract documents
Frank Mayhue, Home Building Manual, Construction Glossary from Home Building Manual, USA 1999. http://www.homebuildingmanual.com/Glossary.htm, (Home Bulid - Amer) {518}
Complete Design, Inc. (Construction Design Specialists), Dictionary of Construction Terminology, Washington, USA 2015. http://completedesign.cc/client-resources/dictiona ry-of-construction-terminology, (Const - Amer) {836}