Video: What is a Bid Bond? (Part 1)

What is a Bid Bond?


Welcome to our 2 part tutorial on Bid Bonds. Bid bonds are not an insurance policy, it is a written guaranty from a third party guarantor usually a Surety Company. This Guaranty is submitted to a Project Owner by a contractor for a work they are bidding on.

If you have any questions feel free to contact our specialist Tom at 312-878-2372 or email him any questions at tom@farmerbrown.com

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