§511 Opening bids; bonds

Summary

Sealed bids for paper and envelopes must be opened in front of the Joint Committee on Printing. The committee will give the contract to the lowest and best bidder who serves the government's interest. A bid will not be considered unless it includes a bond with security or a certified check for $5,000 that guarantees the bidder will sign a formal contract if chosen. If a bidder is not known to the committee, they must show proof they are a manufacturer or dealer of the paper or envelopes offered.