EJCDC

AcronymDefinition
EJCDCEngineers Joint Contract Documents Committee
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02 If a bid bond is submitted, it shall be issued by a surety company authorized by the State of New Mexico to issue such bonds, and shall be submitted on EJCDC document No.
For example, when a failure to pay occurs, the EJCDC contracts increase the amount due by 1% per month and give the engineer the opportunity to suspend the project.