Question: The ( ) guarantees the owner that, within limits , the contractor will perform all work in accordance with the contract documents, and that the
The guarantees the owner that, within limits the contractor will perform all
work in accordance with the contract documents, and that the owner will receive the
project built in substantial agreement with the documents. It protects the owner against
default on the part of the contractor up to the amount of the bond.
Subcontractor Bond
Payment Bond
Bid Bond
Performance Bond
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