What does a bid bond guarantee? Group of answer choices A. A contractor has submitted a balanced bid B. A contractor will sign the contract if his bid is selected C. The general contractor will use the subcontractors listed in the bid D. A contractor has not colluded with other contractor in preparing his bid E. A contractor will pay his subcontractors for work performed on the project

What does a bid bond guarantee? Group of answer choices A. A contractor has submitted a balanced bid B. A contractor will sign the contract if his bid is selected C. The general contractor will use the subcontractors listed in the bid D. A contractor has not colluded with other contractor in preparing his bid E. A contractor will pay his subcontractors for work performed on the project

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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