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What is the bid bond standard of the property management company?

The legal provisions of the property bid bond ratio are: the property bid bond is a bid liability guarantee issued by the property company to the tenderer according to the requirements of the bidding 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.

legal ground

Article 26 of the Regulations for the Implementation of the Bidding Law

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.

Article 46 of the Bidding Law

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.