Announcements


WND-38: Could you confirm that if a Bidder submits a Part 2 Proposal but does not submit a Bid for a Project, this is not a reason for drawing on cash submitted as bid assurance collateral so that the full amount of cash posted as bid assurance collateral would be returned? In other words, there is no adverse penalty to the Bidder in that case?

The circumstance of a Bidder not submitting a Bid is not a reason for drawing on bid assurance collateral or for bid assurance collateral posted as cash not to be returned.  There is no penalty for not submitting a bid.