Wednesday, August 23rd 2017


What are the different types of construction bonds?

Interesting Question?   (4)   (14)

Answers (1)

24th Feb 2011 by admint

Types of construction bond:
• Bid Bond – it’s an assurance to the company that is offering the project that you will abide with your stated bid and sign all contracts if the project is awarded to you.
• Performance Bond – it is a bond that assures the company that you would honor what has been agreed upon to complete the project, the price, time frame, and any other things specified in the contract.
• Payment Bond – this is put in place to protect the suppliers and subcontractors in case you do not pay them.

Like This Answer?   (1)   (0)
This answer is the subjective opinion of the writer and not of

10th Dec 2009 In Bonds 1 Answers | 1232 Views
Subjects: construction bonds,

Answer This Question / Give Your Opinion
What are the different types of construction bonds?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
What is travel class?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is travel class?
Unanswered Questions in Bonds
How to read bond prices?
What is the secondary bond market?
What are short term bonds?
What is bond redemption?
What are the disadvantages in investing in shares?

Answered Questions in Bonds
Who rates bonds?
What is the face value of a bond?
Who issues municipal bonds?
Where to buy bearer bonds?
What are short term US bonds?
Ask A Question
Get opinions on what you want to know:
Specific to any country?