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August 3, 2023
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Public - City
Multiple Locations, Port Lavaca, TX
The amount of each bond provided by the Contractor shall be equal to One Hundred Percent (100%) of the Guaranteed Maximum Price. The Contractor has provided or will provide a bid bond or other financial security acceptable to the City of Port Lavaca in an amount not less than five percent (5%) of the total amount of bid, so that the required Performance and Payment bonds will be delivered when a Guaranteed Maximum Price is established. The City of Port Lavaca reserves the right to accept or reject any and all proposals
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