7-Solicitation-Form-5-Bid-Security-Form (1).pdf

This is a Bid Security Form for the Savannah Chatham County Public School System (SCCPSS) in Georgia related to the ERATE 2026-2027 Network Equipment Lifecycle Replacement solicitation. The form establishes the requirements for bid security that must accompany sealed proposal packages submitted by qualified firms. Bidders are required to provide bid security as a condition of proposal submission, demonstrating financial commitment and good faith participation in the competitive bidding process for network switches and UPS units specified in Attachment A.

The bid security form outlines the acceptable forms of security, typically including bid bonds, cashier's checks, certified checks, or other approved instruments, with specific dollar amounts to be determined based on the total bid value. The form specifies the conditions under which bid security will be retained, returned, or forfeited, protecting the SCCPSS and ensuring that selected bidders will execute the resulting contract according to the solicitation terms. Failure to provide appropriate bid security in the required amount may result in rejection of the proposal as non-responsive.