Bid Bonds
Offered by Old Republic Surety
Bid Bond Bid And Performance Bond Surety Bonds Contract BondDescription
Bid bonds guarantee that a contractor that is awarded a contract subsequently enters into the contract and also provides any required performance and payment bonds. The amount of a bid bond is usually a certain percentage of the price of the contract.
Qualification for a bid bond demonstrates to the project owner that the contractor should be qualified to undertake the project. Learn more about "How the Cost of a Contract Bond Is Determined" from our Blog.
Offered By
Availability 50 states + DC
Alabama
Alaska
Arizona
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Connecticut
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Idaho
Illinois
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