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.


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