Jorge,
Bid bond costs are minimal, a flat rate of usually $50-100 per bid, or $250 for unlimited bids annually. If you do not win the bid, the cost of the bid bond is not refunded.
The Fast Track program is too small for the bond amounts you are talking about. You will need to get set up with a full bond line.
Before doing so I recommend you speak to an agent. As a good contract bond agent can give you a good idea as to whether or not you qualify for your desired bond size rather quickly.
Give our agency a shot by calling (888) 592-6631. Our agents will not only be able to tell you if you qualify, but will be able to give you a range of what your bonding limits might be. |