What is a Performance Bond?

Published 08/07/2007 09:24 AM   |    Updated 02/18/2009 01:20 PM

What is a Performance Bond?

A performance bond is a required deposit that ensures that a bidder removes all awarded items. This bond is returned to the bidder upon complete item removal.

 

For more information: http://www.in.gov/idoa/2406.htm or (317) 234-3685.

 

Was this answer helpful?
 
Your rating has been submitted, please tell us how we can make this answer more useful.

Print