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Old 02-06-2008, 09:40 AM
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Default How much does the job need to be?

I work for a non profit organization that refers contractors for jobs ranging from $3,000 - $10,000. Can I look for our contractors to provide performance bonds for each of these jobs and if so will it be costly to the contractor, or should I request a performance bond for just or company and would that cover the customer whose funds we only hold and administer from an escrow account? In essence the contract is between the customer and the contractor and we are the lender.
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