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Cluster · rate · no year
Bid security required for project bidding per Minnesota Statutes Chapter 429.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2021-04-13 — 2021-04-13
Bid security required for project bidding per Minnesota Statutes Chapter 429.
No bids will be considered unless sealed and filed with the City Clerk or Deputy City Clerk and accompanied by a cash deposit, cashier's check, or bid bond or certified check payable to the Clerk for five percent (5%) of the amount of such bid.
Reasoning: This is a required bid security rate, not a dollar amount.