Does the bidding property company need to pay a deposit?

Need to pay a bid bond. 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. Property bid bond generally does not exceed 2% of the total bid price, with a maximum of 800,000 yuan.

"Regulations for the Implementation of the Bidding Law" Article 26 Where a tenderer requires a bidder to submit a bid bond in the bidding 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.

Article 46 of the Bidding Law of People's Republic of China (PRC), the tenderer and the winning bidder shall conclude a written contract in accordance with the bidding documents and the bidding documents of the winning bidder within 30 days from the date of issuance of the bid-winning notice. 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.