UNDERSTANDING PERFORMANCE BOND COSTS: WHAT TO EXPECT

Understanding Performance Bond Costs: What to Expect

When navigating the world of construction and contracting, one essential tool is the performance bond. But how much does a performance bond cost, and what factors influence this expense?The cost of a performance bond typically ranges from 0.5% to 3% of the total contract value. However, the exact price can vary based on several key factors. These i

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