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Bid bonds

Scope note

Surety bonds executed by the bidder on a construction project that serve as a guarantee that the bidder will enter into a contract within a specified time and furnish any required bonds ensuring completion of the work.

Term type

AAT

Getty AAT term number

300027536

Broader Terms used

bonds (legal records)

Equivalent Terms used

bid bond

Created

12yrs ago

Citation for print

This page can be cited in the Harvard Bibliographic style using the text below:

The Fitzwilliam Museum (2024) "Terminology definition for: bid bonds" Web page available at: https://data.fitzmuseum.cam.ac.uk/id/terminology/term-105588 Accessed: 2024-05-16 07:33:23

Citation for Wikipedia

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{{cite web|url=https://data.fitzmuseum.cam.ac.uk/id/terminology/term-105588|title=Terminology definition for: bid bonds|author=The Fitzwilliam Museum|accessdate=2024-05-16 07:33:23|publisher=The University of Cambridge}}

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