bid security

listen to the pronunciation of bid security
English - Turkish
teklif güvencesi
(Ticaret) geçici teminat
English - English
(Ekonomi) The deposit of cash, certified check, cashier’s check, bank draft, money order, or bid bond submitted with a bid and serving to guarantee to the owner that the bidder, if awarded the contract, will execute such contract in accordance with the bidding requirements and the contract documents