School Building Committee v. Commercial Union Insurance

The school building committee seeks to recover on the five percent bid bond of a subbidder which refused to execute a subcontract on the ground that its bid had expired prior to presentation of the subcontract. The reason for its refusal was sound. The committee’s invitation for bids, in lan*912guage that applied both to general bids and to subbids, stated specifically that “[a] 11 bids shall remain in effect for thirty days, Saturdays, Sundays, and legal [hjolidays excluded, after the opening of [gjeneral bids.” Here the general bids were opened September 28, 1990; the selected general…