Multiple Choice
The risk of bankruptcy by a subtrade can be reduced by calling for ____ from subtrades.
A) performance bonds
B) risk bonds
C) surety bonds
D) conformance bonds
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q7: One of the general reasons why project
Q8: Materials are usually quoted including taxes.
Q9: The contractor has little or no influence
Q10: Where union labor is used, the wage
Q11: A price quoted as _, in the
Q13: Almost all price quotations received from material
Q14: In general, all subtrades offer lump-sum bids.
Q15: Most project specifications provide detailed descriptions of
Q16: The nature of the recap breakdown depends
Q17: The most common reason for failure to