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Navigating the Essentials of Construction Bonds: A Contractor's Guide to Approval | #construction surety bonds

Navigating the Essentials of Construction Bonds: A Contractor's Guide to Approval

Navigating the Essentials of Construction Bonds: A Contractor's Guide to Approval

The amount of a bid bond usually ranges from 5% to 10% of the total bid price and serves as a deterrent against frivolous bidding.