BID BOND INFORMATION
A bid bond is a debt secured by a bidder for a construction job or similar type of bid-based selection process for the purpose of providing a guarantee to the project owner that the bidder will take on the job if selected. The existence of a bid bond provides the owner with assurance that the bidder has the financial means to accept the job for the price quoted in the bid.
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Construction Contract Surety Bonds
Payment Bonds
Performance Bonds
Grading Bonds
Material Labor Bonds
Site Improvement Bonds
Subdivision Developer Bonds