Bid Bond | |
A bid bond is a surety bond submitted with a contractor's bid for a construction project. It serves as a financial guarantee that the bidder if awarded the contract, will enter into the contract and provide the required performance and payment bonds. A bid bond protects the project owner if the selected bidder fails to fulfill their obligations. | |
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Target State: All States Target City : Delhi Last Update : 04 January 2024 1:35 PM Number of Views: 106 | Item Owner : Pranjal Aneja Contact Email: (None) Contact Phone: (None) |
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