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Bid Bond

A Bid Bond is a type of surety bond that guarantees a bidder will accept a contract if they win the bid.

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Original price was: $211.96.Current price is: $103.26.

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Service Description

A bid bond is a type of legal document that is often required in the bidding process for construction projects or other types of contracts. It is essentially a guarantee that the bidder will follow through on their bid and will enter into a contract if they are awarded the project. If the bidder does not follow through on their bid or enters into a contract and then breaches the terms, the bond may be used to cover any damages or losses that result. The amount of the bid bond is typically a percentage of the total bid amount.

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