Question: In construction, there are three basic types of bonds: Bid, Performance, and Payment. True False Question 8 (1 point) Based on the Miller Act, bonds

 In construction, there are three basic types of bonds: Bid, Performance,

In construction, there are three basic types of bonds: Bid, Performance, and Payment. True False Question 8 (1 point) Based on the Miller Act, bonds are required on Federal work greater than $100K on all Federal work only on Federal military work on projects over one million dollars

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