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Line (Centerline), LF, 980,186 762, 1105, Pvmt MK Painted 4IN Line (Edgeline), LF, 2,850,365 762, 1108, Pvmt MK Painted 8IN Line, LF, 200 basis of cash payment for the work and materials, electronic bidding, ac- companied by a bidder’s bond in the amount of five (5) percent of the total bid, executed by the bidder as prin- cipal, and by a surety company au- thorized to do business in the State of North Dakota, as a guarantee that the bidder will do business in the State of North Dakota, as a guaran- tee that the bidder will enter into a contract for performance of such work in case the contract is awarded ....