Do you return a bid bond if the contract is not awarded?

Yes, a bid bond is typically returned to bidders if the contract is not awarded to them. The purpose of the bid bond is to ensure that the bidder will enter into a contract if selected; if they are not chosen, the bond is released. However, the specific terms regarding the return of a bid bond may vary depending on the contract's conditions and the issuing authority. Always consult the bid documents for detailed information.