Question: Liz is developing an RFP for her project but she is aware that her project organization will have to advance funds to the selected seller.

Liz is developing an RFP for her project but she is aware that her project organization will have to advance funds to the selected seller. Her technical team has advised that there will be a long lead

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time between the time that the materials needed by the seller to fulfill the contract are ordered and when they will be received. What type of bonding arrangement should Liz include in the RFP

?

Performance bond

Completion Bond

Bid Bond

Material Bond

Liz is developing an RFP for her project but she is

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