Morse Bros. Electrical Co. v. Martin Shore Realty Co.

The defendant (Realty) owns real estate in Worcester. On July 7, 1958, Realty issued a written invitation for bids for a proposed addition to a building on this land. In its instructions to bidders, it stated (par. 8), “The successful bidder shall furnish a [gjuarantee [b]and in the full amount of the contract . . . which shall cover the faithful performance of the contract, and the payment of all obligations therefrom.” Under the title “General Conditions (Supplementary) ... 4. Guaranty Bond,” the specifications provided that the owner would “require the [c] ontractor to furnish bond of the…