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C-65.1, r. 5 - Regulation respecting construction contracts of public bodies

Section 11
Disposition versions

Full text
11. Tender security is required by a public body if the estimated amount of the contract is equal to or greater than $500,000, and may be required in all other cases.
Where tender security is required, the contractor must also provide, prior to the signing of the contract, performance security and security for the contractor’s obligations with respect to wages, materials and services.
O.C. 532-2008, s. 11.
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