Bid Bond

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Alwayslearningelec

Senior Member
Location
NJ
Occupation
Estimator
Rarely ever have I've seen a GC ask a sub for a bid bond.

Usualy the GC is required to put one up and mostly public works projects.

I'm bidding a job that has been off/on for the last 7 years. I just got invited recently.

It's making me suspicious there's something very risky somewhere and hence the bid bond request.

Thoughts?
 
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