Bengbu has no legal support to do so. The Detailed Rules for the Implementation of the Bidding Law only stipulates that the bid bond submitted by domestic bidders in the form of cash or cheque shall be transferred from their basic account.

Only cash or checks can be transferred from this account. Other payment methods "Besides cash, the bid bond can be bank guarantee, confirmed check, bank draft or cash check issued by the bank, or other legal forms of guarantee recognized by the tenderer." It is acceptable, even if it is not accepted, it can only be considered invalid and cannot be used as a reason for punishment.

/kloc-The Regulations for the Implementation of the Bidding Law of China, which was implemented in February/February, clearly stipulates: "The bid bond shall be remitted from the bidder's basic deposit account." However, there is no provision on how to punish those who do not comply with this article. If there are clear provisions in the bidding documents, please review them in detail. If there is nothing, you can appeal.

Extended data:

The essence of the bid bond is to avoid losses to the tenderee caused by the bidder's random withdrawal or cancellation of the bid within the bid validity period or the failure to submit the performance bond and sign the contract after winning the bid.

For a small bid bond, it is a good choice to submit it in cash. However, it is not appropriate to submit a large amount of cash (such as 1 ten thousand yuan or more). Because cash is not easy to carry and submit, it is not only a waste of time to count a large amount of cash at the bid opening meeting, but also a primitive operation method, which is not in line with China's financial system and modern transaction payment habits.

The bid bond shall be expressed in the bid currency or another freely convertible currency, and shall be in any of the following forms:

(a) A bank guarantee or irrevocable letter of credit issued by a reputable bank in the buyer's country or abroad in the format provided in the tender documents or other formats accepted by the buyer shall be valid within twenty-eight (28) days after the bid validity period;

(b) cashier's checks and certified checks.

Baidu encyclopedia-bid bond