Bid Bonds on Federal Contracts – Just the Fax
Bid Bonds,Bonds,Federal Government Contracts,Surety
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Bidders on most sealed-bid federal contracts are required to furnish a bid guarantee along with their bids. The bid guarantee is usually provided in the form of a bid bond issued by a Treasury-listed surety company. The purpose of the bid bond is to guarantee the payment of liquidated damages to the government in the [...]
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