Definitions: B - Management & legal

bid security

bid security is financial guarantee, submitted with a bid, that the bidding contractor will complete the job as specified. The bid security can be a bid bond or actual funds.

References - bid security

See the following for additional bid security information:

Service Professionals that can help with bid security issues

Common projects involving bid security

Hiring Local Professionals

How to hire a trustworthy pro contractor for your project

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