5 ms·
For larger projects, the contractor is required to be bonded to cover things like this.
by efsavage 11y ago
For larger projects, the contractor is required to be bonded to cover things like this.
- plonh 11y agoIs $1 a large project?
- dragonwriter 11y agoSince the amount at risk is the amount of the bid prior to yours, that should determine both the amount of any bond requirements and, if there is a sharp cutoff, the cutoff for the requirement for a bond.
- cowsandmilk 11y agothe point of this process was procurement in increments less than $3,500 to avoid many regulations.