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Bid Bonds for Construction Professionals

411 ON BID BONDS

A bid bond can be just as important to a construction company as are their tools, supplies, and team members.  Without the ability to bond a project, many job opportunities will be unobtainable for a contractor.  A bid bond guarantees that a project owner will be compensated if the low bidder on a project fails to enter into a contractual relationship with owner and supply payment/performance bonds if required.  If ...