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Forfeiture of Bid Security

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Forfeiture of Bid Security

Post by slayer on Wed Dec 21, 2011 4:43 pm

Good day to all

How to forfeit the bid security in the form of surety bond? thanks and more power

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Re: Forfeiture of Bid Security

Post by Jovinal on Wed Dec 21, 2011 6:48 pm

You can claim it from the Principal, the insurance company or GSIS whoever issued the bond.
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