Saint John IN Office: (219) 365-7706
Lansing IL Office: (708) 339-7330
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Bid Bond

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A Bid Bond is often required of a contractor for a specific project. The bond amount is a percentage of the total bid on project, typically 10%. The Bid Bond provides the owner of the project with some assurance that, if the contractor is ultimately awarded a contract based on his bid, he will enter into a contract with the owner of the construction project. In short, a Bid Bond is a guarantee that the bond holder will perform the work they have bid on.

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2 Convenient Locations in Indiana and Illinois:

Lagestee InsuranceSaint John Office
8229 Wicker Avenue
Saint John, Indiana 46373
Phone: (219) 365-7706

Lagestee InsuranceLansing Office
3043 Ridge Rd., Ste 101
Lansing, Illinois 60438
Phone: (708) 339-7330