In the A 701 there is a point which says "the owner shall at the request of the bidder to whom award of a contract is under consideration and no later than seven days prior to the expiration of the time for withdrawal of bids, furnish to the bidder reasonable evidence that financial arrangements have been made...". And "unless such evidence is furnished the bidder will not be required to execute the Agreement"
What I don't understand in this line is the part referring to "the expiration of the time for withdrawal of bids" because I thought that bids could not be withdrawn once the deadline for the bids has passed. Is this just saying that if a bidder asks for this and the owner refuses to provide it then, if awarded the contract the bidder does not have to accept the award, with no consequence?