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What are the different types of bond requirement in the construction industry?

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Civil Engineering

What are the different types of bond requirement in theconstruction industry?

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solution is attached in the image posted below hope it helps there are in general three type of bonds in construction industry a bid bond bpayment bond cperformance bond bid bond the bid bond is to protect the owner of project if the bid is not honored by the principal for example    See Answer
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