Form BLR12230 Local Public Agency Proposal Bid Bond - Illinois

Form BLR12230 Local Public Agency Proposal Bid Bond - Illinois

What Is Form BLR12230?

This is a legal form that was released by the Illinois Department of Transportation - a government authority operating within Illinois. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the Form BLR12230?
A: Form BLR12230 is a Local Public Agency Proposal Bid Bond used in Illinois.

Q: What is a Local Public Agency Proposal Bid Bond?
A: A Local Public Agency Proposal Bid Bond is a form of security that ensures the bid proposal submitted by a contractor or bidder is backed by a specified amount of funds.

Q: Who uses the Form BLR12230?
A: The Form BLR12230 is used by local public agencies in Illinois when soliciting bids for construction or other projects.

Q: What is the purpose of the Form BLR12230?
A: The purpose of the Form BLR12230 is to ensure that bidders are serious and financially capable of fulfilling their bid proposal commitments.

Q: How does the Form BLR12230 work?
A: When submitting a bid proposal, the contractor or bidder must include a completed Form BLR12230 along with a specified bid bond amount.

Q: What happens if a bidder fails to fulfill their bid proposal commitments?
A: If a bidder fails to fulfill their bid proposal commitments, the agency may make a claim against the bid bond to recover any financial losses or additional costs incurred.

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Form Details:

  • Released on January 19, 2023;
  • The latest edition provided by the Illinois Department of Transportation;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of Form BLR12230 by clicking the link below or browse more documents and templates provided by the Illinois Department of Transportation.

Download Form BLR12230 Local Public Agency Proposal Bid Bond - Illinois

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