Question: What would be the (a) performance bond, and (b) payment bond required on a federally funded contract that is worth $10,000,000? 2. The total bid

  1. What would be the (a) performance bond, and (b) payment bond required on a federally funded contract that is worth $10,000,000?

2. The total bid price on a project is $7,500,000. What would be the contractors estimating costs?

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