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