Virginia Statutes
§ 21-350 — Bond to accompany bid
Virginia·Title 21 DRAINAGE, SOIL CONSERVATION, SANITATION AND PUBLIC FACILITIES DISTRICTS·Ch. 6 DRAINAGE PROJECTS
No bid shall be entertained that is not accompanied by a bond with sureties in an amount equal to five per centum of the bid or that exceeds the estimated cost of the work to be awarded to a contractor.
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Virginia § 21-350 (Bond to accompany bid) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Code 1919, § 1761; 1926, p. 616.
Nearby Sections
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§ 21-1
Repealed§ 21-112.22
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Hearing and notice thereof§ 21-115
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