What are the legal provisions on the proportion of property bid bond?

The proportion of property bid bond is: under normal circumstances, the property bid bond does not exceed 2% of the total bid price, and the maximum bid bond does not exceed 800,000 yuan. Property bid bond is a bid liability guarantee issued by the property company to the tenderee according to the requirements of the tender documents, and expressed in a certain amount.

Legal objectivity:

Regulations of People's Republic of China (PRC) Municipality on the Implementation of the Bidding Law

Article 26

Where a tenderer requests a bidder to submit a bid bond in the tender documents, the bid bond shall not exceed 2% of the estimated price of the project subject to tender. The validity period of the bid bond shall be consistent with the validity period of the bid. The bid bond submitted by domestic bidders in the form of cash or cheque for the project subject to tender according to law shall be transferred from their basic account. The tenderer shall not misappropriate the bid bond.

Bidding Law of People's Republic of China (PRC)

Article 46

The tenderer and the winning bidder shall, within 30 days from the date of issuance of the bid-winning notice, conclude a written contract in accordance with the tender documents and the bid documents of the winning bidder. The tenderer and the winning bidder shall not conclude other agreements that deviate from the substantive contents of the contract. If the tender documents require the winning bidder to submit the performance bond, the winning bidder shall submit it.