Question: A general contractor ( GC ) just recently awarded a project worth $ 2 , 6 4 5 , 0 0 0 in which the

A general contractor

(

)

just recently awarded a project worth $

2, 645, 000

in which the company is required to submit and provide a performance bond certificate. In securing the bond, the GC was given the rate scale below. What would the GC pay to get the Performance bond certificate?

Bonding Rate:

\

table

[[

\frac{25}{1000} .

on first $

100, 000

A general contractor ( GC ) just recently awarded

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